Sales of new homes in the US jumped in May, but…

The solid job market and falling mortgage rates have boosted interest among people seeking homes, yet the shortage of.

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That could include many of us. is also why sales of convertibles and houses with pools spike during the summer – and why convertibles bought on days with abnormally nice weather are more likely to.

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The president also highlighted the strength of consumer spending – as retail sales have jumped 3.4% from a year ago. Yet his.

US housing starts jumped 5 percent in May, but slumped in N.E. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell two points to 68 this month. Any reading above 50 signals expansion. The home builder association said higher lumber prices have increased the price of a new single-family home by $9,000 since January 2017.

This is 7.0 percent (15.2 percent)* above the revised May rate of. The seasonallyadjusted estimate of new houses for sale at the end of.

Total new home sales, with 4,794 new homes sold, were up 94 per cent. sold in May, up 211 per cent from last May but still 32 per cent below the ten-year average.. that new single-family home sales have increased year-over-year.. will allow us to build enough housing supply to meet that demand.”.

A house is shown for sale in North Portland on Friday, March 1, 2019. level in nearly two years, according to new numbers from the listing service RMLS.. But real estate agents say buyers and sellers alike are adjusting to a new. had barely budged from September to April, jumped to $420,000 in May.

Sale. May (1-1) earned his first major league win. He lasted 5 2/3 innings, allowing three hits, one walk and one run.

In 1900, a third of the cars on the roads in New York City, Boston, and Chicago were electric. Today in the US it’s less than 1%. But sales, relatively speaking, are soaring: 130,000 new electric.

WASHINGTON (AP) – Sales of new US homes jumped 6.7 percent in May, with purchases in the South accounting for all of the monthly gains. The Commerce Department said Monday that new homes sold last month at a seasonally adjusted annual rate of 689,000, up from 646,000 in April.