A newly constructed home available for sale is pictured in a new housing development in Vista

 
A newly constructed home available for sale is pictured in a new housing development in Vista
A newly constructed home available for sale is pictured in a new housing development area in Vista, California in this file photo taken March 20, 2012. New U.S. home sales recorded their biggest drop in more than a year in June and prices resumed their downward trend, dealing a setback for the budding housing market recovery. Single family home sales tumbled 8.4 percent to a seasonally adjusted 350,000-unit annual rate, the lowest rate in five months, the Commerce Department said on Wednesday. REUTERS/Mike Blake/Files