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![]() News NotesNew Home Sales Continue at Record Pace NationwidePosted December 01, 2005 09:12 AM by Steven Talcott Smith
According to an article in the New York Times on Tuesday, the Commerce Department said that new home sales jumped 13 percent nationwide in October, to an annual pace of 1.42 million, a record. This contradicted earlier predictions of a cooling in the market for new homes.
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