New single-family home sales fell 8.1 percent to a seasonally adjusted annual rate of 406,000 units in June, according to data released by the U.S. Census Bureau.
"The numbers are a little disappointing, but May was unusually high and some pull back isn't completely unexpected," said Kevin Kelly, chairman of the National Association of Home Builders, in a statement. "Our surveys show that builders are confident about the future, and we are still seeing a gradual upward trajectory in housing demand."
Sales fell 20 percent in the Northeast, 9.5 percent in the South, 8.2 percent in the Midwest and 1.9 percent in the West.
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