Pursuits
Sales of New U.S. Homes Probably Rose to Two-Year High
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Demand for new U.S. homes probably climbed in June to the highest level in two years, economists project a report today will show, another sign the housing market is recovering.
Purchases increased to a 371,000 annual rate, the most since April 2010 and up 0.4 percent from the prior month, according to the median forecast of 74 economists surveyed by Bloomberg News.