NAHB - "Sales Of New Single-Family Homes Down 4.3 Percent In July" (8-25-06)

"The pace of new single-family home sales dipped 4.3 percent in July to a seasonally adjusted annual rate of 1.072 million units, the U.S. Commerce Department reported today. The sales pace was down by 21.6 percent from the record monthly high set last July. On a year-to-date basis, actual new-home sales were down 14.2 percent compared with the first seven months of 2005."