(CercleFinance.com) – Sales in new real estate fell in May in the United States, but prices continued to rise, testifying to the unmistakable strength of the real estate market.
The Commerce Department announced Wednesday that sales fell 5.9% to an annual CVS volume of 769,000 homes against 817,000 in April.
Economists were expecting around 871,000 units.
Compared with May 2020, new home sales are up 9.2%.
An important element of the statistics, the median price of a home now stands at $ 374,400, against $ 317,000 a year earlier, a figure which testifies to the good health of the real estate sector, the decline in home sales. seeming mainly to be explained by a lack of stocks of available goods.
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