Worst June on record for new-home sales

But monthly sales rate rises 24%

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Sales of new, single-family houses were the lowest on record for the month of June, according to figures in a report by the U.S. Census Bureau and the Department of Housing and Urban Development.

Sales hit a seasonally adjusted annual rate of 330,000, the lowest rate for a June since the census bureau began keeping such records in January 1963. The previous June low was in 1982, when the seasonally adjusted sales rate was 372,000.