You are here

New home sales in May up at 6-year high

Wednesday, June 25, 2014 - 06:00

[WASHINGTON] Sales of new US single-family homes jumped to a six-year high in May, the latest indication that the housing market was starting to dig out of a recent soft patch. The Commerce Department yesterday said that sales surged 18.6 per cent to a seasonally adjusted annual rate of 504,000

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom