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US new house sales in record plunge

Story date: 2008-01-28 07:57:00
Added on: 2008-01-28 21:00:25


News.com.au - Sales of new homes dropped to their lowest annual level last year since 1996, when ... uncertainty and as major banks have revealed hefty losses tied to ailing mortgage ... The Federal Reserve has slashed interest rates since September in a bid to ...


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