New-Home Sales Rose 10.7% in May
Washington, DC, June 24, 2022—Sales of new single-family houses in May 2022 were at a seasonally adjusted annual rate of 696,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.7% above the revised April rate of 629,000 but 5.9% below the May 2021 estimate of 740,000.