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Monday, July 27, 2015
New Home Sales Fall to Seven-Month Low
Sales of new homes fell 6.8 percent in June to a seasonally adjusted annual rate of 482,000 units, the Commerce Department said on Friday. Sales were 18.1 percent above last year’s number and were the lowest in seven months. The median new home price for the month was $281,800.
--ABA Daily Newsbytes
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