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Overview of New Home Sales New Home Sales is a significant economic indicator, published monthly by the U.S. Census Bureau, that measures the sales of newly constructed single-family homes or condominiums. This data point serves as a lagging indicator of broader real estate market demand and is closely observed by
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Introduction to Housing Starts: Definition and Importance What Exactly Are Housing Starts? The term ‘housing starts’ refers to the initiation of construction on a new residential dwelling unit, marked by groundbreaking for the home’s foundation or footing. As a significant economic indicator, housing starts data are closely monitored by financial
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