Sales of new homes in the US jumped in May, but…

 · Strong sales in May and june show consumers are far less worried about an economic slowdown than the Federal Reserve is. Consumers will likely.

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Sales were up 8.9 percent on a year-on-year basis in May. "While the data quality of the new home sales report is notoriously poor, the general picture from this report and the existing home sales.

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Sales of new private homes in Singapore reached 1,121 units in May 2018, representing a 53.1 percent jump from the month before and a 7.9 percent increase from the same period last year, according to Urban Redevelopment Authority data published on Monday (18 June).

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New Home Sales Jump in May By Robert Dietz on June 24, 2014 (). New single-family home sales reached the highest pace in six years in May. According to estimates from the Census Bureau and the Department of Housing and Urban Development, new home sales were at a seasonally adjusted annual rate of 504,000 in May, a gain of 18.6% over a slightly downwardly revised April (425,000).

New-home sales soared in May, but the gains simply put the market back on track to match last year’s overall pace, rather than signaled a significant momentum gain.

2 days ago · U.S. luxury home sales will follow an old cliche in 2019: What goes up must come down. An economic cocktail that includes rising mortgage rates, the biggest rewrite of the federal tax code in a.

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Sales of new U.S. homes jumped 6.7 percent in May; South accounts for all of monthly sales growth Updated: Jun 25, 2018 – 7:03 AM. 0. WASHINGTON – WASHINGTON (AP) – Sales of new U.S. homes jumped 6.7 percent in May; South accounts for all of monthly sales growth.

The statistic shows the number of existing homes sold in the United States from. freer with their spending and the market is entering new periods of growth.