Sales of new homes fell by 1.4 per cent in August.

新房的销售量在8月份下降了1.4%。

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Sales of new homes, which had plunged nearly 60% from their average level of 2005, have been stable since March.

新房的销售量曾比2005年的平均值急剧下跌了将近60%，而三月以来已趋于平稳。

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To be sure, sales of new homes did tend to do a little worse during recessions, but the difference was small and short-lived.

可以确定的是，新房的销售在衰退时期的确倾向于差一些，但是少和短期是有区别的。

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The Commerce Department will announce new homes sales for January on Wednesday.

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February new homes sales are expected to decline 5% on the month to a seasonally adjusted annualized rate of 415, 000 and the Conference Board's March consumer confidence index is seen slipping to 67.1 from February's 69.6.

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In other government news, the Federal Reserve is expected to announce a decision on interest rates, the Commerce Department will release new homes sales data for December, and Treasury Secretary Timothy Geithner will testify at a House hearing regarding AIG and the Federal Reserve.

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