WASHINGTON ― Sales of new homes in the U.S. dropped in May, which was nevertheless second only to April in monthly sales since the end of the recession. New single-family dwellings were sold at a rate of 551,000, a decline of 6%. The news follows the release of data on existing home sales in May, which reached their highest rate in almost a decade.
New home sales slow in U.S. in May
Most Recent
Most Read
Wolseley adds a store in British Columbia
Thu, April 18th, 2024
Canadian Tire voted one of Canada's most trusted brands
Thu, April 18th, 2024
Amazon's European shipments will ride the rails
Thu, April 18th, 2024
Throwback Thursday: Ten years ago we reported on the giant salaries that CEOs were paid
Thu, April 18th, 2024
Federal budget: Capital gains tax hike will hit business owners
Wed, April 17th, 2024
Retailers among Canada’s Greenest Employers
Wed, April 17th, 2024
Castle welcomes new member in Nova Scotia
Tue, April 16th, 2024
Home Depot loss prevention officer charged in theft investigation
Tue, April 16th, 2024
Housing starts rise in March
Tue, April 16th, 2024
HR Advisor looks at Gen Z, retention
Tue, April 16th, 2024