June New Home Sales Drop to 1.131M Annual Rate

Ferris, Craig T.
July 2006
Bond Buyer;7/28/2006, Vol. 357 Issue 32433, p2
Trade Publication
The article reports on the decline of new home sales in the United States in June 2006. It reveals that the sales of new, single-family homes declined 3 percent to a 1.131 million seasonally adjusted annual rate for the month. According to data released by the U.S. Commerce Department on July 27, 2006, sales of new homes were 11.1 percent below the 1.272 million rate posted in June 2005.


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