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New home sales up 9.6 percent in January (access required)

January marked a bright spot in the U.S. housing market with sales of new single-family homes leaping to a 5 ½- year high. The Census Bureau said that sales of new homes rose 9.6 percent from December and 2.2 percent from January 2013, reaching their highest level since July 2008. Despite cold weather that has been ...

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