In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 394K, from 455K in the preceding month whose figure was revised down from 497K.
Analysts had expected new home sales to fall to 490K last month.
Friday 23 August 2013
New home sales fall more-than-expected
In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 394K, from 455K in the preceding month whose figure was revised down from 497K.
Analysts had expected new home sales to fall to 490K last month.
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