Home Sales Up, Remodeling Flat

Recent data shows new-home sales actually increased in the month of September while remodeling remained relatively unchanged in the third quarter. These statistics show a different view of the homebuilding marketplace than in months past—one that might offer a good sign for homebuilders.

Last week, the U.S. Census Bureau, www.census.gov, Washington, D.C., and the U.S. Dept. of Housing and Urban Development, www.hud.gov, Washington, D.C., announced the latest numbers for new single-family home sales in the month of September.

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