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New home sales show record drop Economy
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score: -1
score: 2, Economy, 2008-01-28 18:00:26, published by CNN
New home sales posted the biggest drop on record in 2007, according to the governments latest look at the battered housing market released Monday, as a year that saw a meltdown in the mortgage market and a drop in home values ended with yet more signs of weakness. [additional details]