US new home sales in third consecutive monthly fall

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US new home sales in third consecutive monthly fall

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02-24-2010, 11:08 PM

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US new home sales in third consecutive monthly fall

The Commerce Department has today revealed a fall in sales of new homes in the US for the month of January - the third consecutive month that sales have fallen.According to the Commerce Department, new single-family home sales dived by 11.2% to a seasonally adjusted annual rate of 306,000 units - the lowest since records [...]

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