Vacation home security and remote control options to protect your home and devices to monitor and control your home from a distance
Architectural plans & designs for vacation homes—mountain homes—lake homes—beach houses.
NEW YORK (CNNMoney.com) -- Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday.
The gain over May was much greater than expected. A consensus of housing industry analysts had forecast seasonally adjusted sales of 352,000, according to Breifing.com.
However, sales are still 21% below the levels of a year ago, when new homes sold in June at an annualized rate of 488,000, according to the report released by the U.S. Department of Housing and Urban Development. Four years ago, during the height of the housing boom, the sales rate for June was 1,374,000, nearly three-and-a-half times higher than last month.
Still, the report was very positive, according to Peter Morici, an economics professor at the University of Maryland who had forecast June sales to be at the 350,000 level. "That is really good news. Considering what's going on in existing home sales, with all the foreclosure activity sending down home prices, for new homes to jump like that is a good indicator that the economy is bottoming out."
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CNN Money
Ski Jackets: White Sierra Amy Jacket - Insulated (For Women)
White Sierra Amy Jacket - Insulated (For Women)
CLOSEOUTS . It heats up quick on the slopes; good thing White Sierra?s Amy insulated jacket has pit zips to vent out the excess without chilling you to the core! Water-resistant, dobby-textured shell has tonal floral embroidery on the left hand pocket, and a fleece-lined back and collar. Zip-off brimmed hood Pit zips Zip hand pockets with brushed lining Integrated snow skirt Goggle pocket Audio pocket with headphone guide Length: 27? Weight: 2 lb. Fabric: Nylon shell and lining Insulation: Polyester Care: Machine wash/dry Classic Fit CLOSEOUTS . Vietnam. Size: S (4-6) M (8-10) L (12-14) XL (16) Available Colors: BRIGHT PURPLE, BURGANDY, CHOCOLATE. Sizes: L, M, S, XL.
$82.50
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