New Home Sales Give Up Some Ground

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New Home Sales Give Up Some Ground

by Wochit 0:33 mins

New Home Sales Give Up Some Ground

by Wochit 0:33 mins

Sales of new homes slipped slightly in November after a big surge the previous month. The figures add to evidence that the housing market is struggling to sustain the pace of its recovery. Sales dipped 2.1 percent in November to a seasonally adjusted annual rate of 464,000, the Commerce Department said.

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