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May New Home Sales Preview - 10:00..........>

US DATA
US DATA: May New Home Sales Preview - 10:00 EDT/15:00 BST
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- May new home sales are expected to rise to 685,000 SAAR based on the Bloomberg
consensus and to 682,000 SARR based on an MNI survey of analysts. This follows a
sharp decline to 673,000 SAAR.
- Unlike existing home sales, new home sales were up from a year earlier in
April, with supply growth slightly stronger. Even so, the sales price climbed
further and was up nearly 9% from a year earlier.

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