US new-home sales weakest for 12 years

US new-home sales weakest for 12 years

Published by kidmercuryblog
12-28-2007

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US new-home sales weakest for 12 years

Sales of new homes in the US plunged to a 12-year low last month, signalling that the flagging housing market will remain a drag on the US economy well into 2008.

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