New home sales tumble 8.1% in June

``Revised figures for March, April and May also show the industry's spring performance was weaker than previously estimated, the Census Bureau reported Thursday.... "This was a dismal report. Last month's number looked like an outlier, and turned out to have been too good to be true," said IHS Global Insight economist Stephanie Karol in a research note... With the revisions in Thursday's report, new home sales are running about 5% behind a year ago.''