New Home Sales Rise Fastest In 47 Years
New home sales improved in March at the fastest single-month rate in
47 years, according to a government report released today Friday April 23rd, as buyers
snatched up properties ahead of the tax credit that's set to expire. New-home
sales rose 26.9% to a seasonally adjusted annual rate of 411,000 last
month, compared to an upwardly revised annual rate of 324,000 in
February, the Census Bureau said. The gain snapped a four-month streak
of declines.
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For more information please contact me. I am an experienced real estate professional with an eye on the market and would be happy to answer any of your questions.