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April new home sales inch upward (access required)

by Associated Press

Published: May 28,2009

Time posted: 11:22 am

Tags: new home sales

WASHINGTON - Sales of newly built homes were flat in April, but are now 7 percent above the rock-bottom lows of January, another indication the three-year housing downturn could be ending.The Commerce Department said today that sales rose 0.3 percent in April to a seasonally adjusted annual rate of 352,000. But the increase came from ...





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