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After abysmal April, new home sales rise in May HW+

Jun 24, 2022By

After three months of steady declines, the annual rate of new home sales increased in May, according to data released Friday by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau. Sales of new single-family homes in May were at a seasonally adjusted annual rate of 696,000, up 10.7% from April, but 5.9% lower […]