OCHN: New and resale home sales slump in 2014 prime home selling season

In the prime of the home selling season, new home starts and existing home sales both retreated, a sign of ongoing weakness in the housing sector.

Sales are not supposed to slump in May or June. The prime home selling season generally peaks in July before slowing to a seasonal low on December...
New and resale home sales slump in 2014 prime home selling season

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