By Anna Louie Sussman and Kris Hudeon | The Wall Street Journal
Sales of newly built homes fell across the country in September, suggesting a segment of the housing market could be cooling.
Purchases of new single-family homes fell to a seasonally adjusted annual rate of 468,000 in September, the Commerce Department said Monday, down 11.5% from August’s downwardly revised rate of 529,000.
The reported figure has a margin of error of plus or minus 11.3 percentage points.
Economists surveyed by The Wall Street Journal had expected a figure of 555,000.
