Archive for July, 2009

Huge rise in number of new home sales in June. Another good news for US housing market

Tuesday, July 28th, 2009

Sales of newly constructed single family homes went up by 11% in June to seasonally adjusted annual rate of 384,000 homes. (AP, Yahoo News) The gain over May is more than expected and it is the largest monthly gain over 8 years as buyers took advantage of low prices, interest rates and $8,000 first time […]