Demand for new U.S. homes probably climbed in June to the highest level in two years, economists project a report today will show, another sign the housing market is recovering. Purchases increased to a 371,000 annual rate, the most since April 2010 and up 0.4 percent from the prior month, according to the median forecast of 74 economists surveyed by Bloomberg News. Record-low mortgage rates and stabilizing home prices have spurred buyer traffic, even as unemployment and strict lending standards remain obstacles. Federal Reserve Chairman Ben S. Bernanke is among those who say the housing market is one part of the ... (full story)