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US new-home sales jump to highest in 4 1/2 years

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WASHINGTON (AP) -- 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.

By CHRISTOPHER S. RUGABER

AP Economics Writer

WASHINGTON (AP) -- 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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