Sales of newly built, single-family homes rose 7.3 percent to a seasonally adjusted annual rate of 323,000 units in April, their best pace since December of 2010, according to figures released by the U.S. Commerce Department today. The report also showed that the nationwide inventory of new homes for sale continued to fall to just 175,000 units in April, which is a new record low.
J. KYLE HOMES - HOME BUILDER NEWS
Home Builder News
New-Home Sales Rise 7.3 Percent in April
April 27, 2011
