Housing recovery intact despite drop in new home sales

http://www.biphoo.com/bipnews/business/housing-recovery-intact-despite-drop-new-home-sales.html #Business http://www.biphoo.com/bipnews/wp-content/uploads/2017/05/Housing-recovery-intact-despite-drop-in-new-home-sales.jpg
Housing recovery intact despite drop in new home sales

New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market.

The Commerce Department said on Tuesday new home sales declined 11.4…

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