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(Image from article: "December home sales down nearly 17 percent")

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Home Tax Credit Extens... Topics

December home sales down nearly 17 percent

Sales of previously occupied homes took the largest monthly drop in more than 40 years last month, sinking more dramatically than expected after lawmakers gave buyers additional time to use a tax credit.

House votes to extend jobless benefits, new home tax credit

Unemployed Americans are set to get up to 20 additional weeks of benefits, while new homebuyers' $8,000 tax credit will extend into next year, CNNMoney reports.

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