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New home sales were down 11% in November, the biggest drop in ten years. The number of homes for sale rose 3% to a 4.9 month supply, the highest since December 1996. Is this the beginning of the end? Read the story at the New York Times.

New home sales were down 11% in November, the biggest drop in ten years. The number of homes for sale rose 3% to a 4.9 month supply, the highest since December 1996. Is this the beginning of the end? Read the story at the New York Times.