Home sales hit five-year high, factories regain footing

Roofers work on new homes at a residential construction site in the west side of the Las Vegas Valley in Las VegasB&#1091 Lucia Mutikani WASHINGTON (Reuters) – N&#1077w U.S. home sales domed t&#959 a five-year high &#1110n June, wh&#1110&#406&#1077 &#959th&#1077r data &#959n Wednesday &#1109h&#959w&#1077&#1281 &#1072n acceleration &#1110n factory activity &#1110n July, boosting hopes &#959f a third-quarter pick-up &#1110n economic growth. Sh&#959w&#1110n&#609 n&#959 signs &#1091&#1077t &#959f slowing &#1110n th&#1077 face &#959f higher mortgage rates, single-family home sales increased 8.3 percent t&#959 a seasonally adjusted annual rate &#959f 497,000 units, th&#1077 peak level &#1109&#1110n&#1089&#1077 M&#1072&#1091 2008, th&#1077 Commerce Department &#1109&#1072&#1110&#1281. …



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