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

Steve Martin's 'King Tut' Sketch Is Racist, Liberal Arts Students Say

Fake News Is Only the Beginning. The FCC Votes to Let Monopolies Decide What Local News You See

No, you’re not being paranoid. Sites really ARE watching your every move

JFK Files: The CIA Planned To Murder American Citizens In Miami And Blame It On Cuba During Operation Mongoose

Video So Gruesome, Cop Sentenced to 5 Years For Shooting Into Car of Teens, 16 Times

Study Debunks Feminism: Women Still Attracted to “Toxic Masculinity”

Student radio hosts yanked from air, suspended after using the word ‘tranny’

Cowboys, Truckers and Us

PV Police Chief's Gun Missing (Realizes he left it in the Library Bathroom, 4 days later)

General says he'd deny 'illegal' order for nuke strike

Happy Thanksgiving 2017!

Vegas Massacre Cover-Up: PR Firm Hired by Mandalay Bay Exposed Pushing Disinformation on Conspiracy Theories

20,000 DWI Cases May Be Thrown Out After Cop Arrested for Tampering With Breathalyzers

Country music legend Mel Tillis dead at 85

Helter skelter: The history of Charles Manson and rock 'n' roll

Grant Cardone was at Mandalay Hotel and he doesn't believe the official story

How a government-sanctioned scam in Newburgh Heights has taken thousands of dollars from drivers

The Cops Were Chasing a Shoplifter. They Ended Up Destroying an Innocent Man's Home.

Amtrak train smashes car in New Hampshire after GPS directed driver onto tracks

Cooking Hamburgers With Thermite

Making Charcoal the Easy Way

Homemade Gunpowder, For Science!

100% TWO ACTUAL SHOOTERS ON VIDEO IN VEGAS - According to Joe

Study reveals how a very low calorie diet can reverse type 2 diabetes

Trump’s overseas trips reap goodwill and trade agreements

Harvard University hosts anal sex workshop (Anal University)

AC/DC co-founder Malcolm Young dies aged 64

Apple's first vice president of diversity stepping down after six months in the job, report says

NY Times Reporter Calls For Censorship of Creepy Videos Of Joe Biden Inappropriately Touching Kids

Al Franken accuser says disgusting USO tour grope photo was an 'in your face' parting shot after nearly two weeks of being 'belittled and humiliated' by future senator

Alabama G.O.P. Says It Stands Behind Roy Moore

Florida Man Being Chased By Police Asks 911 To Call Donald Trump

Ex-Cops Who Fought Against Legal Weed Just Opened a Marijuana Business

Police mistook hibiscus plants for marijuana, arrested Buffalo Township couple, suit claims

Cops Accidentally Film Themselves Planting Cocaine in a Man’s Wallet

FDA, DEA Launch Massive Assault On Kratom – Drug War for Miracle Plant Ramping Up

‘Come Meet a Black Person’ Event in Atlanta

After Admitting to Secretly Experimenting on Troops, Army Refusing to Provide Them Medical Care

A Sheriff Just Threatened Charges Over ‘F*ck Trump’ Sticker — and the Internet Is Destroying Him

Cops Accuse Innocent Man of Breaking Into His Own Truck—So They Shot Him, Twice

"I've Been Banned From Facebook For Sharing An Article About False Flags"

Health Effects: Alcohol vs. Marijuana

Toledo Cops Raid Wrong House, Kill Dogs, Thousands in Damage

Clearwater Beach man facing eviction over emotional support squirrel

U.S. Chamber:"Dreamers" Make America, Americans Have No Role

FBI Seeks Senate Documents on Abortionists' Sale of Fetal Tissue, Body Parts

oman accuses Al Franken of kissing, groping her without consent

What is the worst restaurant experience you ever had?

Judge Moore Sends Defiant Open Letters to Hannity After Fox News Host Gives Him Ultimatum

Trump's cheeseburger draws a crowd at Tokyo restaurant


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: 195

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