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New Home sales slide

New Home sales slide

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Jamie Coleman
23/06/2010 | 14:04 GMT

May new home sales fell to a record low 300,000 annual rate in May, down 32.7%.

Any one want to argue that tax incentives merely distort consumer behavior?

Stocks and commodities are lower while EUR/USD falls to the 1.22-teens on risk aversion.

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