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U S home sales slide in May amid price and regional gaps
U S housing data show new home sales fell 7.8 percent in May to a seasonally adjusted annual rate of 626,000, with steep declines in the West and Northeast and smaller gains in the South and Midwest. Existing home sales rose 2.5 percent to 5.34 million, signaling potential demand with lower rates.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
West
Northeast
South
Midwest
S&p
Seattle
San Francisco
San Diego
Las Vegas
Phoenix
Tampa
Freddie Mac