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US new home sales hit highest rate in over a year

The median sales price of new houses sold slipped, however, to $418,800 in September. A lack of inventory for existing homes has raised demand for new properties, despite high mortgage rates that came about after the Federal Reserve rapidly lifted the benchmark lending rate to fight inflation.

Garrett-Keyser-Butler holds school budget hearing

GARRETT — The Garrett-Keyser-Butler school board Monday conducted a public hearing on the district’s $22.45 million budget for 2024.

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