Industry NewsMarkets & Economy

New home sales mark record low

Median price sinks to lowest point since December 2003
Published on Feb 24, 2010

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by CareyBot

Sales of new single-family houses hit a record low in January. Sales reached a seasonally adjusted annual rate of 309,000 last month, according to a report released by the U.S. Census Bureau and the Department of Housing and Urban Development.

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