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Census Bureau Sees New Home Sales Rise in June 

Jul 27, 2009By

The rate of new single-family homes sold in June increased a seasonally adjusted 11% from May 2009 while median prices slipped 6.9%. According to estimates released by the US Census Bureau and the Department of Housing and Urban Development, new homes sold at a seasonally adjusted annual rate of 384,000 units. June’s rate is 11% above May’s estimated rate of 346,000 units and is up 21.3% from the June 2008 estimate of 488,000.

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