Sales of new homes slipped 8 percent in June.
Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.
For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains.
The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac.
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.