New home sales fall in June, but are still 18% above last year's pace

New home sales fall in June, but are still 18% above last year’s pace

New home sales dropped nearly 7 percent in June to a seasonally adjusted annual rate of 482,000, the lowest level in seven months.

The good news is that this sales level is still 18 percent above what it was a year ago.

Compared with May, sales fell in the West, Midwest and South, but jumped 28 percent in the Northeast, according to the U.S. Census Bureau report.

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Nashville Biz Journal

By Brandon Sheriff|July 28th, 2015|Uncategorized|Comments Off

About the Author: Brandon Sheriff

When you are buying and/or selling a home, I understand that it is an incredibly important process. You need to put your trust in an individual that provides the most beneficial service and takes it as seriously as you do. I strongly believe that person is me! Let me know how I can help!