US new-home sales plummet 13.4 pct. in July to lowest level in 9 months as mortgage rates rise

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Associated Press

Posted on August 23, 2013 at 9:04 AM

Updated Friday, Aug 23 at 10:03 AM

WASHINGTON (AP) — US new-home sales plummet 13.4 pct. in July to lowest level in 9 months as mortgage rates rise.

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