Investing.com - U.S. new home sales in August fell slightly less than than expected.
New home sales fell 7.6% to 609,000, the Commerce Department said Monday.
Analysts had expected a fall of 8.8% to 600,000 from July’s initial reading of 654,000.
July's figure was revised to show sales up 13.8% at 659,000.
July's figure was the highest level since October 2007.