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New Home Sales Down 6% in May

Summary:
[unable to retrieve full-text content] This morning's release of the May New Home Sales from the Census Bureau came in at 769K, down 5.9% month-over-month from a revised 817K in April. The Investing.com forecast was for 870K. The median home price is now at 4.4K.

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This morning's release of the May New Home Sales from the Census Bureau came in at 769K, down 5.9% month-over-month from a revised 817K in April. The Investing.com forecast was for 870K. The median home price is now at $374.4K.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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