By Clare Trapasso | realtor.com
Buyers hoping to move into a brand-spanking-new home may need to act fast.
More newly constructed homes were completed in May—but fewer abodes are in the pipeline, according to the seasonally adjusted numbers in the latest residential sales report jointly released by the U.S. Census Bureau and U.S. Department of Housing and Urban Development.
Seasonally adjusted numbers have been smoothed out over a 12-month period to compensate for seasonal fluctuations.