US new home sales dive to new record low (AFP)

An American flag hangs near a sign outside of a home for sale in San Francisco, California. US new home sales slid 14.7 percent in December to the lowest monthly level on record, capping a year that showed a 37.8 percent drop, the government said Thursday.(AFP/Getty Images/File/Justin Sullivan)AFP – US new home sales slid 14.7 percent in December to the lowest monthly level on record, capping a year that showed a 37.8 percent drop, the government said Thursday.

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