New-home sales plunge 9.9%, confidence drops

USATODAY.com - New-home sales plunge 9.9%, confidence drops: " Sales of new homes plunged 9.9% in August, biggest drop in nine months, as the nation's housing industry continued to flash mixed signals about whether the boom is starting to fade.
In a second report, the Conference Board said its consumer confidence index, compiled from a survey of U.S. households, dropped 18.9 points in September, to 86.6, from a revised reading of 105.5 in August. "
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