U.S. new home sales rise; prior three months revised down
Sales of new U.S. single-family
homes rebounded sharply in June, but sales for the prior three
months were revised down, indicating that the housing market
continued to tread water despite lower mortgage rates and a
strong labor market.
homes rebounded sharply in June, but sales for the prior three
months were revised down, indicating that the housing market
continued to tread water despite lower mortgage rates and a
strong labor market.
Posted by Reuters