Market Update: New Home Sales Rise 2.3% in April

  • May 23, 2013

This morning’s new home sales report showed a 2.3% rise in sales. Quicken Loans Chief Economist Bob Walters offers the following comments on the report:

“It’s official: housing is back on solid footing.  The sales of newly constructed homes continued their upward trend in April, rising 2.3% over the March numbers.  Today’s new home sales number bookends yesterday’s strong existing home sales report and provides ample evidence that Americans are becoming bullish on housing.”

 

If you would like to talk to Bob in greater detail, please contact us.

 

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