India, March 19 -- A report released by the Commerce Department on Thursday showed a much steeper-than-expected drop in new home sales in the U.S. in the month of January.
The Commerce Department said new home sales plunged by 17.6 percent to an annual rate of 587,000 in January after tumbling by 6.8 percent to a revised rate of 712,000 in December.
Published by HT Digital Content Services with permission from RTT News....