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Firm U.S. Housing Market Seen in June New-Home Sales: Chart

By Tony Seruga

Sales of new U.S. homes climbed 3.5 percent to a 592,000 annualized pace, the fastest since February 2008, Commerce Department data showed Tuesday in Washington. The median forecast in a Bloomberg survey called for a 560,000 rate. Figures for May were revised higher to a 572,000 pace…

Firm U.S. Housing Market Seen in June New-Home Sales: Chart

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