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Archive Home > 2008 > June > 26 > New-home sales fall again in May

New-home sales fall again in May


June 26, 2008

Sales of new homes fell again in May, the fifth decline in six months, as buyers stayed on the sidelines despite lower prices. New-home sales dropped 2.5 percent to a seasonally adjusted annual rate of 512,000, the Commerce Department said in a report on Wednesday. The government also revised....

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