America new house sales down
New house sales in the America down to 6 month low. It means, high unemployment is discouraging consumers despite record low mortgage interest rate that is about 0.25%
New house sales in US (in Lakhs)
| 2011 -Month | Sales |
| January | 3.10 |
| February | 2.81 |
| March | 3.05 |
| April | 3.16 |
| May | 3.08 |
| June | 3.03 |
| July | 3.02 |
| August | 2.95 |
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