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US new home prices at 2004 leverall
foreclosures the median price of a new home was in september was 9% less than it would have cost last year - s ands at its lowest level since september 2004 - when house prices were risting rapidly during a five-year housing boom .
the boost follows news of the biggest monthly gain in five years for existing us homes sales in september .
the median price of a new single-family home was $218,400 (Â141,870) according to the previous commerce department .