By COMPILED BY DEMOCRAT-GAZETTE STAFF WIRE REPORTS
Posted: June 25, 2014 at 2:45 a.m.
A sign marks a home for sale in West Des Moines, Iowa, in May. Sales of new homes last month exceeded economists’ forecasts as the industry rebounded from a winter lull.
Purchases of new homes in the U.S. rose in May, indicating that the industry is rebounding from a winter-induced lull at the start of the year.
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