Subscribe Register Login

Saturday, December 20, 2014, 10:36 a.m.
Top Picks - Arkansas Daily Deal

U.S. new home sales rocket higher in May

By The Associated Press

This article was published June 24, 2014 at 11:02 a.m.

WASHINGTON — Sales of new U.S. homes rose in May to the highest level in six years, providing the strongest signal yet that housing is recovering from a recent slowdown.

New home sales jumped 18.6 percent last month after a 3.7 percent increase in April, the Commerce Department reported Tuesday. The gains followed declines in February and March that were blamed in part on harsh winter weather.

The big May increase pushed the seasonally adjusted annual sales rate to 504,000, the highest level since May 2008.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. new home sales rocket higher in May

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Security officers

    Central Defense Security(CDS) has openings for armed and una...
    NORTH LITTLE ROCK, AR

  • Medicalasst or lpn

    MA or LPN: Busy specialty clinic in need of an energetic, mo...
    LITTLE ROCK, AR

  • Rns

    : Local Medical clinic is looking to hire . Please mail resu...
    LITTLE ROCK, AR

  • Account executive account executive

    account executive retail advertising The Arkansas Democrat-G...
    Little Rock, AR

  • Route driver

    route drivercanteen has immediate FT openings for career min...
    LITTLE ROCK, AR

Search 742 jobs >

Top Picks - Arkansas Daily Deal
Arkansas Online