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New Home Sales Register Improvement Over June

By admin | August 24, 2007

Sales of new homes improved slightly in July with a seasonally adjusted annual sales rate of speed of 870,000, up 2.8 percent more than the revised June sales figures. The June number had been strikingly blue at an annualized 834,000 units, well cheaper than the 895,000 units analysts had been expecting. The final statue for June, while still well below the expected slew, was 846,000, 12,000 above what had been initially reported.

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Topics: Mortgage News |

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