HOME SALESNew-home sales rose 2.8 percent in July, after falling 4 percent in June, the Commerce Department reported Friday. The increase in July lifted sales to a seasonally adjusted annual rate of 870,000 units.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n2-082407.cfm

NEW HOME SALES
Sales of new homes surged in April by 16.2 percent – the biggest amount in 14 years – but the median price of a new home also dropped by the largest amount on record, according to the U.S. Commerce Department. The mixed signals left no clear picture of whether the worst of the nation's housing slowdown is over.
Read the full story:http://www.floridarealtors.org/NewsAndEvents/n1-052407.cfm