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New Home Supplies Remain Flat; Builders Not Over-Extending

August 24th, 2011 · Comments Off on New Home Supplies Remain Flat; Builders Not Over-Extending

Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since February.

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Tags: Housing Analysis