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U.S. new-home sales hit June slump

New-home sales slumped 6.8 percent last month to a seasonally adjusted annual rate of 482,000.

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New-home sales surge to 7-year high in August

WASHINGTON — Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years. New-home sales surged 5.7 percent last month to a...

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