Sales of new single-family homes rebounded, rising 2.7% to a 464,000 seasonally adjusted annual rate in September, according to data released by the Commerce Department yesterday.

The September figure came after a downwardly revised 452,000 rate in August, a 12.6% drop originally reported as an 11.5% decrease to 460,000. Thomson Reuters’ poll of economists had predicted a 450,000 sales level for August.

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