June New Home Sales Set Record; Sales of Existing Homes Also at Record Pace Due to Low Mortgage Rates
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Summary
WASHINGTON - Sales of new homes soared to an all-time high in June as the red-hot housing market kept sizzling.
The Commerce Department reported that single-family home sales jumped to a record annual pace of 1.37 million units in June, up 4 percent from May.See the full content of this document
Extract
June New Home Sales Set Record; Sales of Existing Homes Also at Record Pace Due to Low Mortgage Rates
Meanwhile, orders for big-ticket manufactured goods posted a surprisingly strong 1.4 percent in...
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