“Paired with June’s slippage, newly updated sales figures for March, April and May show the industry’s spring performance was weaker than previously estimated, the Census Bureau reported Thursday. Instead of rising nearly 19% from April, May’s sales were only up about 8%. The magnitude of the change was a single-month record for new-home sales data, according to Census records on revisions that date to 1996. Sales fell from May in every region, led by a 20% decline in the Northeast. The falloffs elsewhere were 1.9% in the West, 8.2% in the Midwest and 9.5% in the South. The median price of homes sold last month was $273,500, up 5.2% from June 2013.”
http://www.usatoday.com/story/money/2014/07/24/june-new-home-sales/13087091/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Shutdown halts IRS seizures from tax cheats
Senate Democrats to Obama: 'It Would Be Great To Have A Woman' As Fed Chief
Justice Department backs off on secret seizure of reporters’ records
FBI is investigating former Utah trooper Lisa Steed
Cairo property prices lead many to live in cemeteries
Rand Paul: Syria lacks security connection
Supreme Court: Warrants Are Generally Needed to Collect Cellphone Location Data
CFTC's Chilton Talks Bitcoin Regulation
Angry Birds, 'leaky' phone apps targeted for user data by NSA, GCHQ
How the Air Force blew $1 billion on a dud system [2012]
U.S. Is Often Unsure About Who Will Die In Drone Strikes
Banks Saved, but Europe Risks 'Losing a Generation'
Bitcoin needs to scale by a factor of 1000 to compete with Visa. Here’s how
Russia says U.S. 'hunting' for Russians to arrest around the world
Gun Makers Now Refusing To Sell Arms To Law Enforcement In New York & Other States