(Reuters) - WASHINGTON, June 25 - Sales of existing U.S.
homes slipped in May to the lowest level in four years and the
number of unsold homes on the market rose sharply, suggesting a
housing recovery was still a long ways off.
Existing home sales fell 0.3 percent last month to a 5.99
million-unit annual rate, the slowest since June 2003, from an
upwardly revised 6.01 million in April, the National
Association of Realtors said on Monday.
Read more at Reuters.com Bonds News
homes slipped in May to the lowest level in four years and the
number of unsold homes on the market rose sharply, suggesting a
housing recovery was still a long ways off.
Existing home sales fell 0.3 percent last month to a 5.99
million-unit annual rate, the slowest since June 2003, from an
upwardly revised 6.01 million in April, the National
Association of Realtors said on Monday.
Read more at Reuters.com Bonds News
No comments:
Post a Comment