507,000 homes sold in July

homes

homesBy Shobhana Chandra | Bloomberg

Purchases of new homes in the U.S. rebounded in July, bolstering signs the real-estate market is picking up.

Sales climbed 5.4 percent, the biggest gain this year, to a 507,000 annualized pace from a 481,000 rate in the prior month, a Commerce Department report showed Tuesday in Washington. The median forecast of 75 economists surveyed by Bloomberg called for 510,000. Demand had declined 7.7 percent in June.

Continued:

 

Share this!

Additional Articles

Airbnb’s primary push

By Arizona Agenda Two moderate Democrats are benefitting from mailers pitching them as “labor endorsed” — but those mailers aren’t coming from unions. They come

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.