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US new home sales slipped in December

Construction workers build a new home on October 24, 2012 in Miami, Florida. Sales of new homes in the US fell in December from November, the Commerce Department reported Friday, but the entire year came in nearly 20 percent over 2011, as the housing sectSales of new homes in the United States fell in December from November, the Commerce Department reported Friday, but the entire year came in nearly 20 percent over 2011, as the housing sector recovers from a deep crash.