Declining interest rates spurred the increase.
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Category: new home prices
New-home sales jump 7.2% in January
The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
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New-home sales fall 6.6% in June
The U.S. Census Bureau and the Department of Housing and Urban Development reported that the median sales price slid to $361,800 from $380,700 in May.
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