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US new home sales miss expectations in January on cold weather
US new home sales miss expectations in January on cold weather
Business and Economy
by  AFP

Sales of new US homes slumped more than expected in January, government data showed Wednesday, with cold weather and stubborn cost-of-living pressures weighing on buyers as Donald Trump returned to office. "Sales likely were also weighed down by the weather; last month was the coldest January since 1988," Pantheon added. bys/dw