New Home Sales Surge in April

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Rising to the highest monthly pace since early 2008, new single-family home sales recorded strong gains in April, according to estimates from the Census Bureau and the Department of Housing and Urban Development. Increasing 16.6% on a monthly basis and 23.8% year-over-year, the pace of new home sales came in at 619,000 on an annualized basis. Sales increased for all regions… Read More ›

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