Detailed text transcripts for TV channel - FOXNEWS - 20120725:17:26:00
Their lowest level in five months. on wall street it's a tkpwaeufpl expectations and a june number for an annual sales rate of 350,000 homes was under the expected rate of 375 and a fraction of the peak rate of 4.1 million homes of new home sales in 2005. a new report yesterday from zillow.com declared a housing bottom and said home prices in the second quarter rose over the year ago level for the first time in five years. the bad newsletters undercuts numbers on thao*u ne on new home building. so what went wrong in june? well it looks like tight credit conditions made it difficult for homeown...