year they're happy not having anyommunique at all.or "nightly business report", i'm eamon javers at the white house. >>> still ahead, where the market f monitor isding value in the volatile market. ♪ ♪ th> new home sales dropped sharply last mrom june, but if you compare sales to last year at this time they'rely actu higher. that could be because the drop in mortgage rates isin startingo have an impact. diana olick has more. >> reporter: homebuilders are suddenly seeing more demand this summer after a slow spring. sales of newly-built hes bounced 4% higher annually in july according to the u.s. census, which measures signed contracts during the month so recent read on demand. june's reading was also revised sharply higher. prices for new homes were ightly lower than last year, helping affordability, but falling mortgagekeates were a stronger driver. mortgage rates began falling in may b did pop up slightly in july when the sales contracts were signed but rates were still far lower than in july o last year. sales of existing homes gain