The Housing Chronicles Blog: July new home sales dip to lowest level in nine months, but still up 12.8 percent year-on-year

Thursday, August 23, 2018

July new home sales dip to lowest level in nine months, but still up 12.8 percent year-on-year

Sales of new single-family houses in July 2018 were at a seasonally adjusted annual rate of 627,000, the lowest rate in nine months. This is 1.7 percent below the revised June rate of 638,000, but is 12.8 percent above the July 2017 estimate of 556,000.

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