U.S. New Home Sales Spike To Nearly Thirteen-Year High In June
Friday, 24 July 2020 ()
After reporting a sharp increase in new home sales in the U.S. in the previous month, the Commerce Department released a report on Friday showing new home sales continued to spike in the month of June. The Commerce Department said new home sales soared by 13.8 percent to an annual rate of 776,000 in June after skyrocketing by 19.4 percent to a revised rate of 682,000 in May.