US new home sales unexpectedly increase in November for second straight month

US new home sales unexpectedly increase in November for second straight month

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Sales of new U.S. homes rose for a second straight month in November as buyers took advantage of that eased slightly from a previous high. New single-family home purchases rose 5.8% to a seasonally adjusted annual rate of 640,000 units, the Commerce Department reported Friday. Economists surveyed…

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