New Home Sales Make a Comeback in June
U.S. Department of Housing and Urban Development | July 25, 2019
According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in the U.S. increased 7 percent to a seasonally adjusted annual rate of 646,000 units in June 2019 from a downwardly revised reading in May 2019. On a year-to-date basis, new home sales for 2019 are 2.2 percent higher than the same period in 2018.