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Archive Home > 2009 > January > 30 > New-home sales drop 14.7% in December

New-home sales drop 14.7% in December


January 30, 2009

WASHINGTON — Sales of new homes plunged to the slowest pace on record last month as the hobbled home-building industry posted its worst annual sales results in more than two decades. The Commerce Department said Thursday that new- home sales fell 14.7 percent in December to a....

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