| July 29, 2013
theGrio and CNBC Market Update: 07/29/13
Sales of previously owned homes fell more than 1% in June. However, prices rose 5.5%. New home sales rose to their highest level in five years, gaining more than 8% and new claims for jobless benefits rose by 7,000 to 343,000, but still below a key threshold. In the week ahead we expect jobs, consumer spending and housing data.
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