Pace of U.S. New-Home Sales Suggests Steady Housing StrengthBy
The U.S. housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast.
HIGHLIGHTS OF NEW HOME SALES (JUNE)
Americans, taking advantage of low mortgage rates and confident in a strong job market that’s providing steady wage gains, are still on the hunt for new homes. Prices fell from a year earlier as more moderately priced homes sold in June…
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