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US new home sales fell in March

Posted on 25 April 2012

Sales of new homes in the U.S. fell last month, but still are edging higher than in the last months of 2011. The government’s Commerce Department said Tuesday that buyers in March bought new houses at an annual pace of 328,000, off more than 7 percent from a spurt in sales in February.
The sales pace is slightly higher than in the last quarter of last year, but less than half the 700,000 figure that analysts consider the sign of a healthy market………………………………………..Full Article: Source


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