Sales of new single-family homes fell 0.6% to a 530,000 seasonally adjusted annual rate in June, according to data released by the Commerce Department Friday.

The June figure came after a revised 533,000 rate in May, a 1.7% drop originally reported as a 2.5% decrease to 512,000. IFR Markets’ poll of economists had predicted a 505,000 sales level for April.

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