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US new homes sales surged to high in April
US new homes sales surged to high in April
Business and Economy
by  AFP

New home sales in the United States defied expectations in April to reach a one-year high, the Commerce Department said Tuesday, fueled by increases in the south and the Midwest. New home sales cratered in the northeast in April, but were offset by a sharp increase in the south and Midwest, where sales rose by 17.8 and 11.8 percent respectively, month-on-month.