NWHMS - New Residential Sales; 052411

According to the U.S. Census Bureau's April-2011 New Residential Sales Report seasonally adjusted and annualized sales of new one-family homes came in at 323,000 units vs. 301,000 in March-2011, a 7.31% sequential increase; year-over-year sales of new one-family homes decreased 21.98%, from 414,000. Chart Links: New Homes Sold - New Homes For Sale.

The outcome was above the consensus forecast. Briefing.com reported the consensus forecast at 300,000.