Home Resales Rise, Boding Well For Economy

Housing Market

WASHINGTON (Reuters) - Home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.

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  • U.S. home resales rise to 3 1/2 year high; prices jump
    give the economy a significant boost this year. was on track to start dialing back its stimulus by the end of this year. In May, the median home sales price increased a whopping 15.4 percent from a year ago to $208,000. That was the biggest year-over-year ...
    06/19/2013 - 1:00 pm | View Link
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    WASHINGTON (Reuters) - Home resales rose in May to the highest level in 3-1/2 years ... The increase beat expectations for a rise to a 5 million-unit rate last month. The housing market is one of the brightest spots in America's economy and is helping ...
    06/19/2013 - 1:00 pm | View Link
  • US home resales rise, boding well for economic recovery
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    05/26/2012 - 9:19 pm | View Link
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  • Home resales rise, boding well for economy
    Home resales increased 3.4 percent to an annual rate of 4.62 million units last month, the National Association of Realtors said on Tuesday. Housing has been one of the economy's weakest links as it recovers from the 2007-09 recession, but many economists ...
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