July new US home sales up 9.6 percent - Yahoo! News

This story is loaded with BAD news, but you wouldn't know by the headline. These month over month increases mean very little to me. I'm interested in year over year. This is the peak season for house sales, it's expected that sales will be up from the month before. By the way, it also says in the article that sales are down 70% from four years ago for the month of July, that new home construction is DOWN 3% from May, and that the median price is slightly DOWN. July new US home sales up 9.6 percent - Yahoo! News: "The median sales price of $210,100, however, was down slightly from $210,400 in June and was off 11.5 percent from year-ago levels. Prices are still up from March's low of $205,100."