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Old 04-24-2008, 08:32 AM
sweeps sweeps is offline
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Default New home sales plunge to lowest level in 16 1/2 years

Sales of new homes plunged in March to the lowest level in 16 1/2 years as housing slumped further at the start of the spring sales season.

The median price of a new home in March, compared with a year ago, fell by the largest amount in nearly four decades.


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