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New-Home Sales Hit Record High in July

By Bruce Dougherty September 19, 2012 9:10 AM

Tim Boyle/Getty Images

DES PLAINES, IL – AUGUST 24: A for sale sign stands outside a new home with a reduced price August 24, 2005 in Des Plaines, Illinois. Sales of new homes in the U.S. jumped 6.5 percent to a record high in July. (Photo by Tim Boyle/Getty Images)

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