
Business
May New Home Sales Tank, Pushing Supply Up To 3-Year High
By CNBC
Sales of new single-family homes dropped 13.7% in May compared with April to 623,000 units on a seasonally-adjusted, annualized basis, according to the U.S. Census.
That sales total was 6.3% lower than May 2024 and well below both the 6-month average ...Read more