New home sales surged in May
Data: U.S. Census Bureau and U.S. Department of Housing and Urban Development via FRED; Chart: Axios Visuals The housing market appears to be shaking off the shock of higher mortgage rates. Driving the news: The number of new home sales rose for the third month in a row in May, up 12.2% from April…
#uscensusbureau #chart #caseshiller #craiglazzara #homebuilders #rubeelafarooqi
