Nationwide sales of new homes soared in May, thanks almost entirely to activity the South. Purchases of new single-family homes rose 6.7 percent last month to a seasonally adjusted annual rate of 689,000, according to the Commerce Department. That’s much higher than the 0.9 percent expected by economists, according to the Wall Street Journal. The growth is largely thanks to the 17.9 percent rise in sales in the South, which is the largest gain since […]
source https://therealdeal.com/2018/06/25/sales-of-new-homes-in-the-us-jumped-in-may-but/
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