New House Sales Up: Recovery, Finally?

May 23, 2012 8:09 pm

We had been spotting the housing price decline – more recently, we have been asking if there is a recovery in sight. We spotted this today:

“Americans bought more new homes in April, the latest signal that the U.S. housing market is steadily improving.

The Commerce Department said Wednesday that sales increased 3.3 percent in April from March to a seasonally adjusted annual rate of 343,000.
Sales were up in all regions except the South. The median price rose to $235,700, a slight increase from March.”

Statistics Source: sltrib

We of course know the Rent vs Buy equation.

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