New-Home Sales go in the Wrong Direction in July

Sales of new, single-family homes fell month-over-month by 12.8% in July, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  The report states that an estimated 635,000 homes were sold for the month, far below the estimated total for June of 728,000. New home sales, though, represent a year-over-year … Continue reading New-Home Sales go in the Wrong Direction in July