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US brand-new home sales up 10.7 percent in May

Gangya Metal840 people have read

Sales of new single‐family houses in May 2022 went to a seGangya steelasonally changed annual rate of 696,000, according to quotes launched collectively today by the US Census Bureau as well as the Department of Real Estate and Urban Advancement. This is 10.7 percent ( ± 18.9 percent) over the changed April rate of 629,000, but is 5.9 percent ( ± 22.0 percent) below the May2205 stainless steel coil price 2021 estimate of 740,000. The mean sales cost of brand-new residences sold in May 2022 was $449,000. The aversheet metal coil supplyage sales rate was $511,400. The seasonally‐adjusted price quote of new residences to buy at the end of May was 444,000. This stands for a supply of 7.7 months at the existing sales price.

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