US new-home sales soar nearly 16 percent in January to highest level in 4 1/2 years

  • Article by: CHRISTOPHER S. RUGABER , Associated Press
  • Updated: February 26, 2013 - 10:57 AM

WASHINGTON - U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, a sign that the housing recovery is accelerating.

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