New Home Sales Up, But Existing Sales Down

May 2011
Credit Union Journal;5/30/2011, Vol. 15 Issue 21, p12
Trade Publication
The article reports that the U.S. Department of Commerce has reported the increase in the sales of single-family home in the U.S. in April 2011. It states that the Commerce Department reveals the 7.3% increase to a seasonally adjusted 323,00 unit at annual rate. It mentions that there is 1.6% growth in the median new home price from 214,500 in March to 217,900 dollars in April.


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