Sales of new houses hit a three-month low in June
Thursday, July 24, 2014 3:33 PM
The sales pace of new
single-family homes dropped 8 percent in June to a three-month low, according
to government data released today, MarketWatch
reported. Sales of 406,000 units missed analysts' forecasts of 475,000.
New-home sales in June were down 11.5 percent from a year earlier.