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June New Home Sales Preview - 10:00.........>

US DATA
US DATA: June New Home Sales Preview - 10:00 EDT/15:00 BST
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- June new home sales are expected to partially rebound to a 660,000 SAAR based
on both the Bloomberg consensus and MNI survey of analysts after a decline to a
626,000 SAAR in May.
- Home sales were well below their year-ago levels in May, despite very low
mortgage rates and strong job and wage growth.

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