New-Home Sales Rise 11 Percent In June, Marking Third Consecutive Month of Improved Sales Activity

RISMEDIA, July 28, 2009-Sales of newly built, single-family homes rose 11% in June to a seasonally adjusted annual rate of 384,000 units, according to numbers released by the U.S. Commerce Department. Coming on the heels of an upwardly revised number for May, the gain marks a third consecutive month of improved sales activity.
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