US New Home Sales Fall Less Than Expected In January, Yellen Wraps Up Two-Day Testimony

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Sales of new US single-family homes declined less than expected in January, while supply increased to the highest level since 2010. The Commerce Department reported that sales slid 0.2% to a seasonally adjusted annual rate of 481,000 units. December's sales were revised up to 482,000 units, the highest level since



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