June new home sales fall at fastest rate in nearly a year

Instead of the previously reported 504,000 units, May's sales pace was revised to 442,000 units.
July 24, 2014

Sales of new U.S. single-family homes fell sharply in June, Reuters reports. The Commerce Department said on Thursday that sales dropped 8.1 percent, the largest decline since July 2013.

Read more

Sign up for our eNewsletters
Get the latest news and updates