New home sales mostly unchanged in October

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Commerce Department said new home sales unexpectedly slow down during October. Those were down 3/10 of a percent to an annual rate of 999,000. That follows a modest climb of 1/10 of 1% in September. The figures falling short of economist estimates. They're expecting new home sales to jump by 1.1% to 970,000. The decline comes his new home sales dropped 2% in the South region and 1.5% in the West. New Home Sales in the Midwest, meanwhile, saw a substantial gain of 11% well, sales in the Northeast were up by 5%. That's your money now. Markets closed mixed The Dow

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