U.S. new home sales slightly fell again in July 2011

Today, the U.S. Census Bureau issued its monthly report on US new homes sales
for July 2011 and didnt shows much improvement from June. According to the
report, in July 2011 the annual rate of number of US new home sales reached
298,000 (seasonally adjusted); this figure is 0.7 percent below the revised
annual rate in June 2011 of 300,000 sales, but its 6.8% above the annual rate in
July 2010. The median sales Gold Price of new dwellings sold in June 2011
reached $222,200. This news doesnt show any further improvement in the real
estate market in the US, but also doesn't present any sharp declines. Its
still not an encouraging new report, and given the high speculation in the
financial markets this news isnt expected to stir up the markets.