REinventing MLS

New Home Sales for April Show Promise for Housing Market Recovery

New home sales in April increased from last March and exceeded economists’ expectations


New home sales for the month of April were at a seasonally adjusted annual rate of 454,000, up 10,000 from last March, according to the latest Census Bureau report. Financial blog Calculated Risk mentions that this number exceeded the expectations of economists, which was believed to be a seasonally adjusted rate of 425,000.

Read the full article from Chicago Agent Magazine

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