New home sales tumbled by nearly 6 percent in May—and the report revised downward the previous three months’ statistics, HUD and the Census Bureau reported Wednesday.
Tag: Wells Fargo Economics
Existing Home Sales Fall for 4th Straight Month
Existing home sales fell for the fourth straight month in May, the National Association of Realtors reported Tuesday, as rising prices and low inventories continue to stymie momentum.
Wells Fargo Economics: CRE Prospects Brighten
Wells Fargo Economics, Charlotte, N.C., said surging economic activity could signal a turnaround in commercial real estate fundamentals.