NEW HOME SALES PLUNGE 12.4% (Unexpected) Gregory White Aug. 25, 2010, 10:00 AM New home sales numbers came in lower than expected, down to an annualized 276,000. That's a 12.4% drop over June, and a 32.4% drop over July 2009. Markets fell immediately on the news, but have rebounded somewhat: Dow down 0.62% NASDAQ down 0.61% S&P 500 down 0.82% The consensus was for a slight improvement over June, at 340,000 annualized. June home sales were an annualized 330,000, while May was at 267,000. New home sales increased in June 23.6%, after falling 36.7% in May. This comes after yesterday's...