May New Home Sales: Down 2.1% to 319K, vs. Cons. 310K

June 23, 2011 10:01 AM EDT
New home sales for the month of May were 319,000, vs. the consensus of 310,000 and down from an upwardly revised reading of 326,000 for the month of April.

New home sales were down 2.1 percent on a month-over-month basis.


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