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New-Home Sales Down 8.1 Percent

Sales of newly built, single-family homes fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to newly released data by the U.S. Department...
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Why Aren't New Homes Selling?
Because they cost too much.

By Frank Anton, vice chairman of Hanley Wood, publisher of Builder I think it's really that simple to explain why new homes have their lowest share of the for-sale housing...
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