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About: ‘Commerce Department’

According to The Commerce Department, sales of new homes have risen dramatically in recent months.  With a September increase of 5.7 percent and a total increase of over 27 percent in the last year, the news couldn’t be more encouraging.  According to this data, the rate of new home sales has now reached its highest level since April of 2010, when the homebuyer’s tax credit went into effect.

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