(Reuters) - WASHINGTON, May 24 - Sales of new U.S. homes rose
16.2 percent in April, the sharpest climb in 14 years, while
prices fell a record 11 percent, according to a government
report on Thursday that showed home builders taking
extraordinary steps to move houses.
New single-family home sales rose to an annual rate of
981,000 units from a revised rate of 844,000 in March, the
Commerce Department said.
Read more at Reuters.com Economic News
16.2 percent in April, the sharpest climb in 14 years, while
prices fell a record 11 percent, according to a government
report on Thursday that showed home builders taking
extraordinary steps to move houses.
New single-family home sales rose to an annual rate of
981,000 units from a revised rate of 844,000 in March, the
Commerce Department said.
Read more at Reuters.com Economic News
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