Sales of new homes in the US jumped in May, but…

Gains put housing market Back on Track With Last Year After a Chill. New-home sales soared in May, but the gains simply put the market back on track to match last year’s overall pace, rather than signaled a significant momentum gain. home builders, economists and analysts described the May increase as a delayed rebound to normal sales levels.

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Nevertheless, affluent home buyers pushed the number of deals in central London over £5 million (US$6 million. Where to Invest in Europe Meanwhile, buyers may opt to hold off on purchases in hopes.

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The SPDR S&P Homebuilders ETF increased 1.5%, iShares U.S. Home Construction ETF gained 1.4% and Invesco Dynamic Building & Const ETF was also up 1%. Sales in the west region jumped 8.3% from.

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Sales in the West region jumped 8.3% from the. Zacks #1 Rank stocks here. Meritage Homes MTH, which designs and builds single-family homes in the United States, sports a Zacks Rank #1 and.

 · Sometimes homebuyers just want a new home. Lower maintenance costs, up-to-date designs, and a definite lack of murder are on many a must-have list. To determine which U.S. cities have appealingly high inventories of new homes, analyzed the housing markets of the country’s 400 largest towns. The results were a little surprising.