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November 2015

U.S. new home sales rebound strongly in October

(Reuters) – – New U.S. single-family home sales surged in October and the inventory of properties for sale was the highest since early 2010, which could allay concerns of a significant slowdown in housing. The Commerce Department said on Wednesday sales increased 10.7 percent to a seasonally adjusted annual rate of 495,000 units. September’s sales…

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