TITLE

Existing Home Sales Drop To 6.67M.Unit Rate in May

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/28/2006, Vol. 356 Issue 32412, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decline in the home sales by 1.2 percent in the U.S. in May 2006. Moreover, inventory of homes during the month increased. Economist David Lereah explains that the figures depict the slowdown of the housing sector. However, he is confident that the decline is still manageable.
ACCESSION #
21470283

 

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