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U.S. New Home Sales Fall
Date:
26-May
-
2004
Entity:
Country:
Area:
Economy
Leader:
State:
Class:
Economy
Resource:
City:
Conflict:
Strategy:
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Tactic:
Prediction:
Battle:
Metric:
Product:
A U.S. Commerce Department report shows that sales of new U.S. homes fell 11.8%, well below expectations in April as rising mortgage interest rates cooled the busy housing market.
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