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August 25, 2012

Summary for Week ending August 24th

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The Census Bureau reported New Home Sales in July were at a seasonally adjusted annual rate (SAAR) of 372 thousand. This was up from a revised 359 thousand SAAR in June (revised up from 350 thousand). Sales in May were revised down. The first graph shows New Home Sales vs. recessions since 1963. ... FF News: Fundamental

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