Monday, May 21, 2012


New home sales inch upward in April

The Commerce Department said Thursday that sales rose 0.3 percent in April to a seasonally adjusted annual rate of 352,000. But the increase came from a downwardly revised rate of 351,000 in March, and sales were still down 34 percent from a year earlier.

Read the whole story here: New home sales inch upward in April

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