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IPFS News Link • Housing

New home sales plunge to lowest level in 16 1/2 years

4-24-2008 • AP

Sales of new homes plunged in March to the lowest level in 16 1/2 years as housing slumped further at the start of the spring sales season. The median price of a new home in March compared to a year ago fell by the largest amount in nearly four decad

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