Tuesday, 22 May 2012

from DS News:

Breaking News: Prices Show Strongest Year-to-Year Gain in 6 Years
The median price of an existing home climbed 10 percent to $177,400 from $161,100 in April 2011, the strongest year-to-year gain since January 2006. Existing-home sales rose to 4.62 million (seasonally adjusted annualized rate) in April from a downwardly revised March rate of 4.47 million, the National Association of Realtors (NAR) reported Tuesday morning. Economists had forecast the April sales pace would be 4.66 million.