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U.S. Commerce Department: New home sales down in April for Northeast

May 28, 2014
Sales of new single-family homes in the Northeast in April were down 26.7 percent to a seasonally adjusted rate of 22,000, according to the U.S. Commerce Department. March’s revised annual rate was 30,000.

Nationally, new home sales were at a seasonally adjusted annual rate of 433,000 for April. This is 6.4 percent above the revised March rate of 407,000, but is 4.2 percent below the April 2013 total of 452,000.

To read the entire U.S. Commerce Department press release, click here.
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