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The U.S. Commerce Department released new home sales data today. New home sales climbed 0.2% to a seasonally adjusted annual rate of 467,000 units in September from 466,000 units in August. That was the highest since July 2008.
August's figure was revised down from 504,000 units. The Commerce Department also revised the sales figures for July and June.
Analysts had expected new home sales to reach 473,000 units.
The median home sales price in September was $259,000, the lowest level since August 2013.
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