Thursday, June 23, 2016

May new home sales dipped 6.0 percent from April but still up 8.7 percent year-on-year

Sales of new single-family houses in May 2016 were at a seasonally adjusted annual rate of 551,000. This is 6.0 percent below the revised April rate of 586,000, but is 8.7 percent above the May 2015 estimate of 507,000.

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