“Demand for new U.S. homes probably climbed in June to the highest level in two years, economists project a report today will show, another sign the housing market is recovering,” Bloomberg, midnight.

“Demand for new U.S. homes unexpectedly dropped in June from a two-year high, indicating the housing recovery will be uneven. Purchases decreased to a 350,000 annual rate, down 8.4 percent from the prior month and the weakest since January, the Commerce Department reported today,” Bloomberg, 10:00 a.m.

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