US new home sales beat expectations in December

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US new home sales beat expectations in December

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01-26-2011, 11:06 PM

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US new home sales beat expectations in December

The Commerce Department has today revealed a rise in sales of new homes in the US for the month of December. According to the Commerce Department, new single-family home sales rose to a better than expected annual rate of 329,000 units, from a revised 280,000 in November. However, on an annual basis, December sales were [...]

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