US new home sales head south in Sept
China Daily | Updated: 2009-10-30 08:10
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The data came as a disappointment after a report showed sales of previously owned homes jumped to a two-year high. Bloomberg News |
WASHINGTON: Sales of new US homes unexpectedly tumbled in September, their first drop in six months, underscoring the hazards to an economic recovery even as businesses appeared to be stepping up investment.
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