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US Census Bureau headquarters May’s existing home sales were up nearly 9% year over year, according to Census Bureau data. (Photo courtesy of HKS Architects)

WASHINGTON, DC—As was the case with existing single-family homes and for-sale apartments, sales of new single-family homes rebounded in May, beating estimates. However, the month-to-month increase was smaller on a percentage basis than originally projected by analysts.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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