US: New home sales fall 13.4% in July

FXstreet.com (Córdoba) - US new home sales fell 13.4% to a seasonally adjusted annual rate of 394,000 in July, the lowest in 9 months, according to data released Friday.

Consensus was pointing for a drop to a rate of 485,000, compared with an original June estimate that pegged the rate at 497,000, which was downwardly revised to 455,000 this Friday.