August 23, 2011

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Sales of New U.S. Homes Probably Fell in July for Third Month. “Sales fell 0.6 percent to a 310,000 annual pace, the slowest in four months, from a 312,000 rate in June, according to the median estimate of 75 economists in a Bloomberg News survey. Purchases last year totaled 323,000, the fewest since record-keeping began in 1963.”

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