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New US home sales fall in September

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10-28-2009, 10:58 PM

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New US home sales fall in September

There were concerns over a recovery in the US housing market today after the Commerce Department revealed a fall in the annual rate of US new home sales in September.According to the Commerce Department, new single-family home sales dived by 3.6% to a seasonally adjusted annual rate of 402,000 homes, down from a revised 417,000 [...]

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