New Home Sales Disappointed in May…There is a Silver Lining!
By Randy Fischer on June 25th, 2009Got a report via email today from Wachovia Economics Group. Sales of new homes slid to 342,000 units at an annual pace in May, off of a downwardly revised level of 344,000 in April. Over the last three months the net revision was a loss of 32,000 units. While the market was looking for a…



