New-home sales hit a record low

Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/KVnRZS2LjEE" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

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