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(FILES)A home for sale and 'under contract' is seen July 6, 2012, in Rockville, Maryland.  Sales of new single-family homes in the United States fell in June after a massive spike in May, official data showed 
July 25, 2012 in a mixed report on the depressed housing market. The Commerce Department's Census Bureau reported new-home sales at an annual rate of 350,000, a decline of 8.4 percent from May. The headline number widely missed expectations of a rate of 373,000 sales. The performance 'is not as bad as the June reading indicates. Census revised upward the May figure significantly to 382,000, the strongest pace since April 2010,' said Celia Chen at Moody's Analytics. AFP Photo/Paul J. RichardsPAUL J. RICHARDS/AFP/GettyImages

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