Here come new home sales...
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REUTERS/Gary Cameron
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Analysts project new home sales to decrease by 1.0% from the prior month to a seasonally adjusted annual rate of 600,000.
Last month, new home sales dropped precipitously, falling by 7.9% from the month before. This, however, followed a 13.8% increase for the month of July, which was the strongest since July 2007.
The number will cross at 10 a.m. ET, and we'll have the number right as it crosses.
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