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New home sales fall even as prices start to rise ยท WAHomeowners.com

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New home sales fall even as prices start to rise

New home sales fall even as prices start to rise

New single-family home sales unexpectedly fell in June, but a sharp rise in prices and declining supply suggested the market for new houses was starting to stabilize, a government report showed on Tuesday.

Other data showed consumers grew more confident about the future this month, even though there were still concerns about lack of jobs.

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