U.S. New Home Sales Unexpectedly Tumble 1.6% In November

Posted on Dec 23, 2014

Sales of new single-family houses in the U.S. unexpectedly decreased in the month of November, according to a report released by the Commerce Department on Tuesday. The report said new home sales tumbled 1.6 percent to a seasonally adjusted annual rate of 438,000 in November.

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