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US new home sales fall to one-year low in Nov, decline 'likely temporary'
New home sales decreased 12.2% to a seasonally adjusted annual rate of 590,000 units last month, the lowest level since November 2022, the Commerce Department's Census Bureau said
Cold weather chills US homebuilding; jobless claims at 45-year low
There were 794,000 single-family housing units completed in 2017, the most in nine years