US new-home sales slump for 4th straight month

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  • US new-home sales slump for 4th straight month
    US new-home sales slump for 4th straight month

    By JOSH BOAK AP Economics Writer WASHINGTON (AP) — Sales of new U.S. homes plunged by 5.5 percent in September, showing the fourth straight monthly drop as the housing market cools and mortgage rates rise. The Commerce Department said on Wednesday that newly built homes sold at a seasonally […]

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