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IPFS News Link • Economy - Economics USA

New Home Sales Fall to the Lowest Level in 26 Years

9-25-08 • CalculatedRisk.blogspot.com

Sales of new one-family houses in August 2008 were at a seasonally adjusted annual rate of 460,000. This is 11.5 percent below the revised July rate of 520,000 and is 34.5 percent below the August 2007 estimate of 702,000.

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New Home Sales Fall to the Lowest Level in 26 Years

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