HOMZ - New Home Sales Up 13.8% In June Beats Forecast
By Jill Mislinski
This morning's (July 24) release of the June New Home Sales from the Census Bureau came in at 776K, up 13.8% month-over-month from a revised 682K in May. Investing.com forecasted a 4.0% increase.
Here is the opening from the report:
Statement Regarding COVID?19 Impact: Due to recent events surrounding COVID-19, many governments and businesses are operating on a limited capacity or have ceased operations completely. The Census Bureau has monitored response and data quality and determined estimates in this release meet publication standards. For more information on the compilation of this