July New Home Sales Slow 13.9% to 394K Annual Rate

July New Home Sales Slow 13.9% to 394K Annual Rate Play

Aug. 23 (Bloomberg) -- Bloomberg's Erik Schatzker reports that new home sales for the month of July came in well below expectations, slowing by 13.9 percent to the lowest rate in more than three years. He speaks on Bloomberg Television's "Market Makers."

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