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Pete Bass

Home Sales Surge

Thursday, July 25, 2013 - Article by: Pete Bass - EverBank - Message

Despite the recent rise in Mortgage Rates, New Home sales surged by 8.3% in June from May to an annual rate of 497,000 units. The 497,000 was above expectations of 483,000 and sales are now up 38%since June of 2012.

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