Thursday, May 24, 2007

New homes sales rise 16.2 percent in April

(Reuters) - Analysts polled by Reuters were expecting April sales to rise to an 860,000 unit pace from a previously reported rate of 858,000 units in March.




In April, the median sales price of a new home fell $28,500 to $229,100 from $257,600 in March.


Read more at Reuters.com Business News

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