US April new home sales up 2% to 454,000

Sales of new U.S. homes edged up in April to the second-highest post-recession level, as pent-up demand, low interest rates and tight inventories of older homes lift demand. New home sales reached a seasonally adjusted annual rate of 454,000, up 2.3% from an upwardly revised level of 444,000 in…

Originally posted here:
US April new home sales up 2% to 454,000

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