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Sales of new homes jump 11% in June

Posted: July 28, 2009 at 6:36 a.m.

Purchases of new homes in the United States climbed 11 percent in June, the biggest gain in eight years, underscoring evidence that the deepest housing slump since the Great Depression is starting to stabilize.

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Front Section, Pages 1, 6 on 07/28/2009

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