New Home Sales Rose 14.8% In April

New home sales rose 14.8% in April to 504.000, the consensus was  at 425.000, prior reading was at 411.000. The first home-buyer tax credit  program expiration again distorted the reading.

Chart 1. New Home Sales


This entry was posted on Wednesday, May 26th, 2010 at 4:25 pm and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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