15:00 - Dados States
10:00am 06/24/05 U.S. MAY NEW HOME SALES PRICE UP 2.5% Y-0-Y TO $217K
10:00am 06/24/05 U.S. APRIL NEW HOME SALES REVISED TO 1.27M VS 1.32M
10:00am 06/24/05 U.S. MAY NEW HOME SALES BELOW 1.32M FORECAST
10:00am 06/24/05 U.S. MAY NEW HOME SALES UP 2.1% TO 1.30 MLN UNITS
ECONOMIC REPORT: Sales of new homes rise 2.1% in May; Sales now at second-highest level ever
By Greg Robb, MarketWatch
Last Update: 10:13 AM ET June 24, 2005
WASHINGTON (MarketWatch) - Sales of new U.S. homes rose 2.1% in May to a 1.30 million seasonally adjusted annual rate, the Commerce Department estimated Friday.
May sales were the second highest on record, below the 1.31 million unit pace set last October.
Sales in April were revised to down 0.1% to 1.27 million units, compared with the initial estimate of a 0.2% gain to 1.32 million units.
Economists expected sales to remain steady in May at the initial April estimate of 1.32 million.
The number of unsold new homes rose 1.1% in May to 442,000, a 4.2-month supply at the May sales pace.
The median sales prices of a new home rose 2.5% year-over-year to $217,000.
New-home sales jumped in the Midwest, rising 22.9% to a record 268,000.. In the West, sales rose 1.7%. to 361,000. Sales fell 0.8% in the South to 595,000 and plunged about 24.5% in the Northeast to 74,000..
The monthly figures are subject to revisions and to large sampling and other statistical errors. The government cautions that it can take five months for a trend in sales to be established.
In a separate release on Friday, the Commerce Department said new orders for durable goods increased 5.5% in May on a jump in commercial aircraft orders, but were down 0.2% excluding the transportation sector.
10:00am 06/24/05 U.S. APRIL NEW HOME SALES REVISED TO 1.27M VS 1.32M
10:00am 06/24/05 U.S. MAY NEW HOME SALES BELOW 1.32M FORECAST
10:00am 06/24/05 U.S. MAY NEW HOME SALES UP 2.1% TO 1.30 MLN UNITS
ECONOMIC REPORT: Sales of new homes rise 2.1% in May; Sales now at second-highest level ever
By Greg Robb, MarketWatch
Last Update: 10:13 AM ET June 24, 2005
WASHINGTON (MarketWatch) - Sales of new U.S. homes rose 2.1% in May to a 1.30 million seasonally adjusted annual rate, the Commerce Department estimated Friday.
May sales were the second highest on record, below the 1.31 million unit pace set last October.
Sales in April were revised to down 0.1% to 1.27 million units, compared with the initial estimate of a 0.2% gain to 1.32 million units.
Economists expected sales to remain steady in May at the initial April estimate of 1.32 million.
The number of unsold new homes rose 1.1% in May to 442,000, a 4.2-month supply at the May sales pace.
The median sales prices of a new home rose 2.5% year-over-year to $217,000.
New-home sales jumped in the Midwest, rising 22.9% to a record 268,000.. In the West, sales rose 1.7%. to 361,000. Sales fell 0.8% in the South to 595,000 and plunged about 24.5% in the Northeast to 74,000..
The monthly figures are subject to revisions and to large sampling and other statistical errors. The government cautions that it can take five months for a trend in sales to be established.
In a separate release on Friday, the Commerce Department said new orders for durable goods increased 5.5% in May on a jump in commercial aircraft orders, but were down 0.2% excluding the transportation sector.