Sales of new single-family homes dropped 8.2 percent year over year to a seasonally adjusted annual rate of 652,000, which still beat analysts’ expectations of a rate of about 630,000 units.
Source: Inman News
New-home sales declined in July but beat analyst expectations
Published in Agent, Department of Housing and Urban Development, Heather Long, home prices, hud, inventory, Markets & Economy, median sales price, mortgage rates, Navy Federal Credit Union, new construction, new home sales, News Brief, Seasonally Adjusted Annual Rate, Select, single-family homes and U.S. Census Bureau
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