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New home sales jump to 4-1/2-year high in January

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WASHINGTON (Reuters) – Sales of new U.S. single-family homes surged to their highest level in 4-1/2 years in January and the month’s supply of houses on the market was the smallest since March 2005, further evidence the housing sector recovery is gaining muscle.

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Post Published: 26 February 2013
Found in section: Finance