Jan. New Home Sales Down 0.9% to 321K, vs. Cons. 315K

February 24, 2012 10:01 AM EST
New homes sales for the month of January fell 0.9 percent to 321,000, which compares to the economist estimate of 315,000.

The reading for December was revised from an initial reading of 307,000 to 324,000.

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