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New Home Sales Rebounded In November As Prices Tumble

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New Home Sales Rebounded In November As Prices Tumble New home sales rose 5.9% MoM in November (less than the expected 9.8% surge) as October's initial 17.3% plunge (ascribed to the hurricanes) was revised up to 14.8% MoM decline... Source: Bloomberg That lifted new home sales SAAR up 8.7% YoY -…

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