Wed, 26 Mar 2014 17:33:03 GMT
U.S. new home sales slows down in February
Sales of new houses in the world's largest economy declined in February matching initial estimates of economists, the latest report published by the Commerce Department showed on Tuesday. According to the report, the U.S. new homes sales slipped by 3.3% on an annual basis from January's level of 455,000 to 440,000 in the following month.