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October New Home Sales Slip 0.3% to 368,000 Annual Rate

NOV 28, 2012 10:00am ET

Sales of new single-family houses dropped 0.3% to a seasonally adjusted annual rate of 368,000 in October, the Commerce Department reported Wednesday.

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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.

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