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May New Home Sales: 512K Annual Rate

Posted on June 25, 2008

According to the Census Bureau report, New Home Sales in May were at a seasonally adjusted annual rate of 512 thousand. Sales for April were revised down slightly to 525 thousand (from 526 thousand). Click on graph for larger image in new window.The first graph shows monthly new home sales (NSA - Not Seasonally Adjusted).Notice the Red columns for 2008. This is the lowest sales for May...

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