AheadoftheNews Blog

A blog on market moving news and futures trades.

WASHINGTON (Reuters) - Sales of new U.S. homes fell more than expected in June to a seasonally adjusted annual 1.131 million rate and the median home price fell for the second month in a row the government reported on Thursday, as the U.S. housing market showed more signs of cooling.


This is offsetting the durable goods number and giving bonds a bid.
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