Pace of New-Home Sales Virtually Unchanged in October

WASHINGTON, D.C. – November 28, 2012 – (RealEstateRama) — Sales of newly built, single-family homes in October held virtually unchanged from a downwardly revised pace in the previous month, at a seasonally adjusted, annual rate of 368,000 units, according to figures released by HUD and the U.S. Census Bureau today.