New Home Sales Increased 10.7% In October
New home sales in October reached a seasonally adjusted annual rate of about 495,000 units, an increase of 10.7% compared with the revised September rate of 447,000 units and an increase of 4.9% compared with the October 2014 estimate of 472,000, according to estimates released by the U.S. Census Bureau and the U.S. Department of…