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New Home Sales In Midwest Up Almost 6 Percent In May From Last Year

St Louis New Home SalesNew home sales in the midwest region during May 2014 increased 5.7 percent from a year ago, according to the latest information from the U.S. Census Bureau.  New homes sales in the midwest region of the U.S. were at a seasonally-adjusted annual rate of 74,000 homes during May.  New home sales for the month before, April 2014, were adjusted downward to an annual rate of 73,000 homes after first being reported at a rate of 84,000 homes.

The midwest region had the smallest month over month, as well as year-over-year, increase in new home sales of the four U.S. regions or the U.S. as a whole.

 

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