June U.S. Home Sales Dip

U.S. sales of new single-family homes in June were at a seasonally adjusted annual rate of 697,000, decreasing 2.5% from May but 23.8% higher than the comparable month in 2022.

The seasonally adjusted estimate of new homes for sale at the end of June was 432,000, representing a 7.4-month supply at the current sales rate. See U.S. Census Bureau 

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