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US new-home sales hit June slump

2015-07-27 06:13:39| Real Estate - Topix.net

Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer. The Commerce Department said Friday that new-home sales slumped 6.8 percent last month to a seasonally adjusted annual rate of 482,000.

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