- According to Case-Shiller, home price growth slowed for the 2nd straight month in May but was still 19.7% higher year over year.
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- Sales of newly built homes fell more than 8% in June from May and were 17% lower than a year ago. Inventory rose to a 9.3-month supply.
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- June’s pending home sales fell 20% year over year and 8.6% from May. This is the slowest pace since September 2011, but a rebound is expected.
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