New home sales up, down

The US Commerce Department reported this morning that sales of new single-family homes rose (PDF) in June rose 23.6% above the May 2010 level – but were 16.7% below the June 2009 level. Unsold inventory represented a 7.6 month supply at the current sales levels. (Visited 37 times, 1 visits today)

The US Commerce Department reported this morning that sales of new single-family homes rose (PDF) in June rose 23.6% above the May 2010 level – but were 16.7% below the June 2009 level. Unsold inventory represented a 7.6 month supply at the current sales levels.

(Visited 37 times, 1 visits today)