Industry News

New-home sales fall 15.8% in May

Median price of single-family residence also declines
Published on Jun 26, 2007

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by CareyBot

The sales rate of new single-family homes dropped in May to the lowest level for that month since 2001, the U.S. Census Bureau and Department of Housing and Urban Development reported today, and fell 15.8 percent compared to May 2006. ...