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WASHINGTON， June 23 (Xinhua) -- Sales of U.S. new homes fell in May after a jump in April， as the U.S. housing market kept as a bright spot in the economy.
The sales of new single-family houses in May were at a seasonally adjusted annual rate of 551，000， 6 percent below the revised April rate， but 8.7 percent above the same period last year the Commerce Department said Thursday.
The April rate was revised down to 586，000， still the highest level since February 2008
The median sales price of new houses stood at 290，400 U.S. dollars in the month. The seasonally adjusted estimate of new houses for sale at the end of May was 244，000 units， which represented a supply of 5.3 months at the current sales rate.
Existing home sales， the major part of the U.S. housing market， rose in May to their highest pace in almost a decade， reaching a seasonally adjusted annual rate of 5.53 million， said the National Association of Realtors (NAR) on Wednesday.
The NAR expected existing home sales would probably maintain their current fast pace through the summer if the job market kept growing. Enditem
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WUHAN Cheap Muhammad Wilkerson Jersey , July 12 (Xinhua) -- Rail traffic was restored five hours after a passenger train derailed on Saturday morning between the cities of Changyang and Yichang in central China's Hubei Province, according to the local railway authority.
Sources with the Wuhan Railway Bureau said that the railway department was trying its best to minimize the impact of the derailment.
At 7:10 a.m., one car of train K504 en route from Chengdu, capital of southwest China's Sichuan Province Cheap Leonard Williams Jersey , to Changsha, capital of central China's Hunan Province, ran off the track at about 7:10 a.m. local time.
Passengers of the K504 were safely evacuated from the accident site and resumed their journey after boarding three other trains that were dispatched by the bureau to the site.
There were no casualties reported.
The cause of the accident is being investigated.
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