Friday, August 27, 2010

Sales of New Homes reduced

The Sales of new homes in US reduced to 12.4% in July to the lowest stage while the government has started maintaining documentations announced in a statement by the U.S. Commerce Department.

The Single family home sales reduced to a periodically changed yearly sales rate of 276,000 homes which is a 32.4% down from June.

The standard sales value for new homes in July was $204,000 which is a 4.2% decrease from June and a 2.9% decrease from July 2009 according to business. The New home register at the end of July was 210,000 is a 9.1 month deliver at the present sales rate.

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