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KM Financial Solutions | CORRECTED-(OFFICIAL)-WRAPUP 2-Rebound in South powers U.S. new home sales, dampens prices
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CORRECTED-(OFFICIAL)-WRAPUP 2-Rebound in South powers U.S. new home sales, dampens prices

25 Jun CORRECTED-(OFFICIAL)-WRAPUP 2-Rebound in South powers U.S. new home sales, dampens prices

Posted at 00:45h in News by
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WASHINGTON, June 25 (Reuters) – Sales of new U.S.
single-family homes increased more than expected in May as
transactions in the South surged to near an 11-year high and
dampened prices, but the overall housing market remained
constrained by a dearth of properties for sale.

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