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US sales of new homes slipped 2.1 percent in Nov.

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WASHINGTON (AP) — New-home sales dipped in November, but the government released more positive figures for the previous three months, a sign that housing may be regaining strength after a summer lull. Sales slipped 2.1 percent last month to a seasonally adjusted annual rate of 464,000, the Commerce Department said Tuesday. The slight drop occurred after sales had surged to a rate of 474,000 in...

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