The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 350,000 in June, down 8.4 percent from a revised rate of 382,000 in May but 15.1 percent above the 304,000 pace recorded in June 2011.
Preliminary U.S. new home sales (versus pace) in June were estimated to be 33,000 (give or take 8 percent), down 3,000 from May, the third slowest June on record since 1963. June sales peaked in 2005 with 115,000 new homes sold.
In the West, the pace of new home sales was up 36.1 percent year-over-year to 98,000, up 2.1 percent versus the month before.
Annual new home sales in the U.S. have averaged 671,000 since 1963, peaking at 1,283,000 in 2005, bottoming at 306,000 last year.
New Residential Sales: June 2012 []
U.S. New Home Sales: Up 19.8% YOY In May But Well Below Average [SocketSite]
New Residential Sales Since 1963 []

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