Housing Mortgages Information

New Home Sales Stagnate. April Revisions Mitigate May Decline

June 24, 2009 – 6:52 am News was mixed for the real estate market this morning. Sales of new single-family homes fell 0.6% in May, in contrast to expectations of a 2.3% increase. By itself, that would be awful news, but revisions to April told the opposite story: the original...(read more)