The seasonally adjusted annual pace of new single-family home sales in the U.S. fell to 319,000 in May, down 2.1 percent from a revised rate of 326,000 in April but up 13.5 percent versus the 281,000 pace recorded in May 2010.
Preliminary U.S. new home sales (versus pace) in May were estimated to be 30,000 (give or take 8 percent), one thousand lower than in April and the second lowest May on record since 1963.
In the West, the pace of new home sales was up 31.7 percent year-over-year to 83,000, down 3.5 percent versus the month before.
New Residential Sales: May 2011 [census.gov]
New Residential Sales Since 1963 [census.gov]
U.S. New Home Sales: Down 23% In April Year-Over-Year [SocketSite]

Comments from Plugged-In Readers

  1. Posted by anon mon

    Whoopee. To da moon Alice…to da moon! Happy days are here again…the skys above are clear again….
    Enough? Tongue squarely in cheek.

  2. Posted by [anon.ed]

    A misappropriation of a “Honeymooners” classic line that’s actually negative in its original context, juxtaposed next to a positive classic song quote, and a misspelling of “skies” ? Yeah. That was plenty enough. At least you didn’t misuse irony as if it is subjective.

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