(Reuters) - WASHINGTON, June 26 - Sales of new U.S. homes
fell 1.6 percent in May to a lower-than-expected level while
prices climbed from April, according to a government report on
Tuesday that continued to point to weakness in the housing
sector.
New single-family home sales fell to an annual rate of
915,000 from a downwardly revised rate of 930,000 in April, the
Commerce Department said.
Read more at Reuters.com Economic News
fell 1.6 percent in May to a lower-than-expected level while
prices climbed from April, according to a government report on
Tuesday that continued to point to weakness in the housing
sector.
New single-family home sales fell to an annual rate of
915,000 from a downwardly revised rate of 930,000 in April, the
Commerce Department said.
Read more at Reuters.com Economic News
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