[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Good Morning everyone my name is Devil Anse

Putin nationalist calls for Austria to be incorporated into Russia dominated 'Eurasian empire'

Break Up the US – The Libertarian Principle of Secession

Pentagon Spokesliar Admiral Parses Words And Fails To Convince Media (Bergdahl)

Immigration, Outsourcing And Now Fast-Tracking TPP–When Will GOP Stand Up For Americans?

Police Label Hippie Group The Rainbow Family as ‘Domestic Extremists’

Teen killed by police previously cited for resisting arrest

Sen. Ted Cruz Second Q&A with Attorney General Nominee Loretta Lynch

Friday Night Music Thread

Kansas man gets three years for letting baby die in hot car

{Mine} Is solar power really economical?

Ska Band Calls Out The Police State With New Song “Victimless Crime Spree”

After Crying “Conspiracy Theory,” CNN Touts North American Union

'Kill our pilot and we'll execute ALL your prisoners': Jordan 'says it will hang its ISIS captives' if airman hostage is dead

By Grace, We Are Free in Christ

Does time pass?

School district doesn't want pro-'gay' club; ACLU reacts

Saudi Imam: Columbus Sailed to America to Kill all the Muslims

Former GOP nominee Romney will not run for president in '16

That Our Children May Be Born

Republican Party of Texas Chairman Munisteri leaving post to join Rand Paul's political team (throws Cruz & Perry under the bus)

The Word and the Rule of Faith

People keep pulling the fire alarm in the Patriots' hotel in the middle of the night

David Kochel, Romney’s Iowa Strategist, Jumps to Bush

Eager To Imprison Medical Marijuana Users, Prosecutors Hide The Truth From Jurors

Venezuelan Army Can Shoot Protesters, Effective Immediately

McCain defends Illuminati war criminal Kissinger - hypocritically calls Capitol Hill protesters 'low-life scum'

“Hate Crime” Protection For Heroes?

Loretta Lynch splits with Barack Obama on pot’s dangers

Remember 'The Great Raid' of 1945

Bergdahl decision expected in days

Man reunites with stolen dog during search for new pet

Taliban Are Not Terrorists, or So Says the White House

Fox News Poll: Romney remains top of GOP field, Clinton leads Democrats

New York City-funded law firm involved in video calling for police to be killed

Communist Party USA Chairman Vows Cooperation With Democratic Party

Pa. boy given officer's funeral after succumbing to cancer

Video: Woman Hijacks Mic at ‘Texas Muslim Capitol Day’ Event, Decries ‘False Prophet Mohammad’

Rand Paul Releases ‘Secret Tape’ of Hillary Clinton-Jeb Bush Phone Call

American Christianity is losing its grip on political power — and that's good news for Christians

Bergdahl Verdict Will Be White House’s Next Political Headache

Ted Cruz Requests Investigation: Has Obama launched a POLITICAL CAMPAIGN against Netanyahu

Republicans to open February with vote to repeal Obamacare

Senate approves Keystone bill, White House threatens veto

Rand Paul's Difficult Romance with Kochworld

The writing is on the wall: The GOP will be an interventionist party in 2016

Here's Why Rand Paul Might Be The Front Runner In The 2016 GOP Primary

Rand Paul's Crazy Dream of a Libertarian-Democratic Alliance on Civil Rights Is Actually Happening

Porn Star Belle Knox Is Remaking Herself As A Libertarian Activist

Some doctors won't see patients with anti-vaccine views

Adults Raised by Gay Couples Speak Out Against Gay ‘Marriage’ in Federal Court


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Existing Home Sales Rise to a Near 2-Year High
Source: REUTERS
URL Source: http://www.foxbusiness.com/industri ... ales-rise-to-near-2-year-high/
Published: May 22, 2012
Author: REUTERS
Post Date: 2012-05-22 11:16:40 by Brian S
Keywords: None
Views: 107

U.S. home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs about the pace of recovery in the still-struggling housing sector.

The National Association of Realtors said on Tuesday that existing home sales increased 3.4 percent to an annual rate of 4.62 million units last month, the highest since May 2010.

Nationwide, the median price for a home resale jumped to $177,400 in April, up 10.1 percent from a year earlier. That was the biggest year-over-year increase since January 2006.

Distressed sales accounted for 28 percent of resales, down from 29 percent in March. NAR economist Lawrence Yun said a drop in foreclosures fueled the decline in distressed sales, which in turn drove the increase in the median sales prices.

March's sales pace was revised marginally lower to 4.47 million units from the previously reported 4.48 million units. Economists polled by Reuters had expected sales at a 4.60 million-unit sales pace last month.

Inventories rose to 2.54 million, which Yun said was largely due to seasonal factors because many homes go on the market in the spring. Subscribe to *Obamanomics On Parade*

Post Comment   Private Reply   Ignore Thread  


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com