Real Estate Jun 25, 2022 03:59 AM (GMT+8) · EqualOcean
According to the data released by the U.S. Census Bureau on the 24th local time, the sales of new homes in the United States in May increased by 10.7% after seasonal adjustment. Although the housing sales in the northeast of the United States plummeted by 51.1% and that in the Midwest dropped by 18.3% in May, the sales in the South increased by 12.8% and that in the West increased by 39.3%. In addition, US house prices fell slightly in May after rising sharply in April. The median sales price of new homes fell to $449000 from $454700 in April, and the average sales price fell to $511400 from $569500.