"Sales of new homes rose in July, but still fell short of economists' expectations, and home prices continued to sink.
The Commerce Department reported Tuesday that new-home sales rose by 2.4 percent last month to a seasonally adjusted annual rate of 515,000 units, the most since April.
But sales in June had plummeted to a pace of just 503,000 - down from previous estimates of 530,000 - to mark the worst showing since September 1991."
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New-home sales rose little in July, prices fell
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