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Archive Home > 2009 > August > 27 > SIGNS OF LIFE

SIGNS OF LIFE

New-home sales jumped in July, but some say troubles aren’t over

By Jack Healy / The Bulletin
August 27, 2009

Sales of new homes surged nearly 10 percent in July from a month earlier, another indicator that the country's long-suffering housing market was starting to turn around.

The Commerce Department reported Wednesday that new-home sales rose 9.6 percent to a seasonally adjusted rate of 433,000 last....

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