US New home sales for July 0.607M vs 0.620M estimate

Prior month 0.628M revised higher to 0.678M New home sales for July 0.607M vs 0.620M New home sales percentage change -10.5% vs 1.6% last month Details on inventories and prices: New homes for sale totaled a seasonally adjusted 488,000 in July, up 1.9% from June but down 1.6%…