WASHINGTON -- Sales of new single-family houses fell 7.3% to a seasonally adjusted annual rate of 369,000 in December, the Commerce Department reported Friday.

The decelerated sales pace followed a very strong November, which posted a revised rate of 398,000, originally reported as 377,000. The November rate was the strongest since April 2010, when a new home buyer tax credit pushed the sales pace to 422,000.

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