According to numbers released by the U. S. Department of Housing and Urban Development (HUD) and the U. S. Census Bureau, sales of newly-built single-family homes dropped 2.4 percent to a seasonally-adjusted annual rate of 412,000 units in July. Initially, according to the National Association of Home builders (NAHB), sales fell 8.1 percent in June, as MHProNews reported July 28, 2014, but that number was revised upward 16,000 units to 422,000. Regionally, the Northeast saw new home sales fall 30.8 percent, sales fell 15.2 percent in the West, and in the Midwest new home sales dropped 8.8 percent. In the country’s largest region, new homes sales improved 8.1 percent in the South. ##

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