Wednesday, July 25, 2007

U.S. existing home sales fell in June

(Reuters) - Economists polled by Reuters were expecting home resales to
fall to a 5.88 million-unit pace from the 5.99 million-unit
rate initially reported for May. Sales were revised in May to
5.98 milion units.




The inventory of homes for sale fell 4.2 percent to 4.196
million units at the end of June, which represents an 8.8
months' supply.


Read more at Reuters.com Bonds News

No comments: