(Reuters) - Analysts polled by Reuters were expecting May sales to fall to a 925,000 unit pace from a previously reported rate of 981,000 units in April.
In May, the median sales price of a new home rose 1.5 percent to $236,100 from $232,700 in April. Last month, new homes prices took a record tumble while sales rose strongly.
Read more at Reuters.com Economic News
In May, the median sales price of a new home rose 1.5 percent to $236,100 from $232,700 in April. Last month, new homes prices took a record tumble while sales rose strongly.
Read more at Reuters.com Economic News
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