Wednesday, July 25, 2007

UPDATE 1-U.S. existing home sales fell in June

(Reuters) - WASHINGTON, July 25 - The pace of existing home
sales in the United States fell in June to a
lower-than-expected 5.75 million unit annual rate while prices
and inventories showed signs of stabilizing, the National
Association of Realtors said in a report on Wednesday.




Sales were off 3.8 percent in June and hit their lowest
since November 2002 when it was 5.73 million unit pace.


Read more at Reuters.com Bonds News

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