WASHINGTON — Sales of new U.S. homes plummeted 9.4 percent in July, the sharpest one-month drop in nearly a year. But the decline followed strong sales in previous months, and sales so far this year are outpacing last year’s. The Commerce Department said Wednesday that new-home sales fell to a seasonally adjusted annual rate of 571,000 in July, down from 630,000 in June.
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Wed, 08/23/2017 - 7:05pm
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