US new home sales slow slightly in August

US new home sales slow slightly in August …C0NTINUE READING HERE >>>

US new home sales were above estimates in August, according to government data..
Photo: Andrew Caballero-Reynolds / AFP/File
Source: AFP

Sales of new homes in the United States cooled less than expected in August, according to government data released Wednesday, with lower interest rates potentially boosting the market going forward.

New single-family home sales came in at an annual rate of 716,000, seasonally adjusted, lower than July’s revised 751,000 figure, Commerce Department data…

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