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New home sales plummet to record low By Hibah Yousuf, staff reporterJune 23, 2010: 11:25 AM ET
NEW YORK (CNNMoney.com) -- New home sales plummeted to a record low in May, the first month following the expiration of the homebuyer tax credit. This snapped a two-month streak of gains.
New home sales declined 32.7% to a seasonally adjusted annual ...
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