U.S. June New Housing Sales Report (Text)
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Following is the text of the new home sales report from the Commerce Department.
Sales of new single-family houses in June 2011 were at a seasonally adjusted annual rate of 312,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.0 percent (+/-12.5%)* below the revised May rate of 315,000, but is 1.6 percent (+/- 14.1%)* above the June 2010 estimate of 307,000.