U.S. new home sales jump, median price surges to record high | Reuters

U.S. new home sales jump, median price surges to record high | Reuters Reuters By Lindsay Dunsmuir | WASHINGTON WASHINGTON New U.S. single-family home sales rose in May and the median sales price surged to an all-time high, suggesting the housing market had regained momentum.The Commerce Department said on Friday new home sales increased 2.9 percent to a seasonally adjusted rate of 610,000 units last month The post U.S. new home sales jump, median price surges to record high | Reuters appeared first on Firstpost. 1