U.S. New Home Sales Rebound More Than Expected To Eight-Month High In August

WASHINGTON (dpa-AFX) - The Commerce Department released a report on Thursday showing a significant rebound in new home sales in the U.S. in the month of August.The report said new home sales surged by 6.4 percent to an annual rate of 684,000 in August after plunging by 4.3 percent to an upwardly re…