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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (568191)5/26/2010 2:35:35 PM
From: tejek  Read Replies (1) of 1579095
 
New Home Sales Surge 14.8% MoM, 47.8% YoY in April

5/26/2010 10:02 AM EDT

Sales of new one-family houses in April 2010 were at a seasonally adjusted annual rate of 504,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 14.8% above the revised March rate of 439,000 and is 47.8% above the April 2009 estimate of 341,000.

The median sales price of new houses sold in April 2010 was $198,400; the average sales price was $249,500. The seasonally adjusted estimate of new houses for sale at the end of April was 211,000. This represents a supply of 5.0 months at the current sales rate.
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