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impik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 09:51 AM
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Sales of new homes climb for 2nd month in row
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WASHINGTON - Sales of new homes posted another large gain in April as buyers rushed to sign contracts before government tax credits expired.

The Commerce Department said Wednesday that sales of new single-family homes jumped 14.8 percent to a seasonally adjusted annual rate of 504,000 units. The April gain followed a 29.8 percent surge in March, the biggest monthly increase in 47 years.

http://www.msnbc.msn.com/id/37353768/ns/business-real_estate/
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