A property for sale in Monterey Park, California. The sales of new single-family US homes quickened for the second straight month in October 2017, rising to the highest level since the housing bubble, according to data released on November 27, 2017. Photo: AFP

US new home sales rise to 10-year high because of tight supplies of land and labour shortages

Topic |   United States

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A property for sale in Monterey Park, California. The sales of new single-family US homes quickened for the second straight month in October 2017, rising to the highest level since the housing bubble, according to data released on November 27, 2017. Photo: AFP
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