Friday, May 25, 2012
June New Home Sales Rise 11 Percent Nationwide
The U.S. Commerce Department reported Monday that sales rose 11 percent in June to a seasonally adjusted annual rate of 384,000, from an upwardly revised May rate of 346,000. It was the strongest sales pace since November 2008 and exceeded the forecasts of economists surveyed by Thomson Reuters, who expected a pace of 360,000 units.
Read the whole story here: June New Home Sales Rise 11 Percent Nationwide
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