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LATEST US DATA

New single-family home sales fall to 10-month low in Dec

They drop 10.4% to seasonally adjusted annual rate of 536,000 units but housing market recovery remains intact

Washington

NEW US single-family home sales fell to a 10-month low in December after three straight months of solid gains, but the housing market recovery remains intact as a tightening labour market boosts wage growth.

While other data on Thursday showed a bigger-than-expected

sentifi.com

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