Sales of new homes down for a third month in March
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Washington
PURCHASES of new homes in the United States unexpectedly declined in March for a third month, reflecting the weakest pace of demand in the west since July 2014.
Total sales decreased 1.5 per cent to a 511,000 annualised pace, a Commerce Department report showed on Monday. In western states, demand slumped 23.6 per cent.
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