A A A « View All Reports
Print Version FLASH Headline Alerts

New Home Sales Fall 8.4% in June

July 25, 2012 @ 10:03 AM EST

by The "State" Team

Sign Up to Receive an Email Alert when Flash Headlines are Published

 

Economic Update: New Home Sales

The Commerce Department reported New Home Sales in June fell 32,000 or 8.4% to an annualized rate of 350K. This was below the consensus expectation for a rate of 370K.

Last 12 Months results for comparison purposes:

  • May: 382K (revised from 369K)
  • April: 343K
  • March: 332K
  • February: 353K
  • January: 318K
  • December: 307K
  • November: 314K
  • October: 310K
  • September: 303K
  • August: 296K
  • July: 298K
  • June: 300K

Recall that this data series is based on contracts signed and not actual sales.

How does this report affect our short-term trading strategy? Take a Free Trial of the All-NEW Daily Decision (the new “adaptive” system is now more active and more sensitive to trend changes) to find out. Even if you've taken a free trial of the Daily Decision in the past, you owe it to yourself to check out the new system.

Download our Special Report on the New "Adaptive" Daily Decision System

Other stories on the US Economy to review:

 

  SPDR Homebuilders Last 12 Months
Loading chart © 2001 TickerTech.com

 

 

Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.

 

 

Premium Services at StateoftheMarkets.com
The stock market can be challenging at times. If you're looking for professional guidance for your portfolio or market strategy, be sure to check out our premium e-letter services designed to help investors handle today's fast-paced markets:
  • The NEW "Adaptive" Daily Decision - One decision, once a day. Our flagship market timing service is easy to use and keeps you on the right side of the market's important trends.
  • Option Income Generator - The Option Income Generator service is designed to produce an income stream via our proprietary "buy-write" strategy.
  • The PRO Trader - Designed for active, sophisticated investors looking for short-term and day-trading, as well as options and leveraged ETF trades
  • The Daily Decision - Stock Trader - We make one stock trade (long or short)... once a day... every day.
  • The Insiders Portfolio - The Insiders Portfolio focuses on those stocks where the people who know the company best are buying - and buying heavily!
  • The HedgePro Portfolio - A "what's working now" portfolio service combining stock selection, our "go anywhere" ETF strategy and market timing trades.
  • Short-Term Market Manager - Designed to help investors navigate the short-term trends in the stock market
  • FlexPro Portfolio - A portfolio free to invest anywhere and in anything including commodities, currencies, countries, sectors, real estate, metals, etc.
  • The Top 5 Portfolio The portfolio focuses on the top rated stocks in the top 5 market sectors. Risk Management strategies are built in!
 
Default disclosure text.

Comments

Comments are closed for this article