A appearance at some of the secret service occasions and financial signs upcoming this week:
HOUSING MARKET BELLWETHER
The Commerce Department releases its July tally of brand-new U.S. house sales Tuesday.
Economists job that sales slowed onceagain last month to a seasonally changed yearly rate of about 578,000 houses. That would follow a sales rate of 590,000 houses in June. The genuine estate market hasactually cooled after a strong start to the year as rising inflation, increasing house rates and a sharp run-up in homemortgage rates haveactually made homeownership less budgetfriendly for lotsof potential purchasers.
New house sales, seasonally changed yearly rate, by month:
Feb. 790,000
March 707,000
April 604,000
May 642,000
June 590,000
July (est.)