U.S. new home sales fall unexpectedly, low mortgage rates lend support
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WASHINGTON (Reuters) - Sales of new U.S. single-family homes fell unexpectedly in December, likely held down by a shortage of more affordable homes, but lower mortgage rates supported the overall housing market.The U.S. Commerce Department report on Monday also showed downward revisions to sales for the prior three months, bucking a recent streak of fairly strong housing data. Strength in housing, following a slump in 2018 through the first half of 2019, could offset some of the drag on economic..