New Home Sales Up 4.6% To 1.234M Rate in May

Hume, Lynn
June 2006
Bond Buyer;6/27/2006, Vol. 356 Issue 32411, p2
Trade Publication
The article reports on the increase in the selling price of new single family homes in the U.S. According to the data by the Department of Commerce, family homes rose at 4.6 percent as of May 2005. However, the sale of new homes were still below to the same period of last year. The supply of new homes at the current sales rate fell in April 2006.


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