This data has been provided by the U.S. Department of Commerce. Nevertheless, earlier, experts forecast a 8,3% decline in August, down to 600,000 houses, MarketWatch reports.
Despite slumping sales outlined on a monthly basis in August, over the course of eight months this year, sales volume of new buildings increased by 13,3% compared with the similar period in 2015.
Experts positively assesses this apparent trend for growth, expecting that recovery of the housing market would bolster U.S. economy on the whole.