U.S. new-home sales rise 7.3% in April

MarketWatch
Economic Report

May 24, 2011, 11:47 a.m. EDT

Second solid monthly gain after steep dropStories You Might Like

WASHINGTON (MarketWatch) — U.S. sales of new homes posted their second solid monthly gain in April after hitting extremely low levels in February, according to data released Tuesday by the Commerce Department.

In April, sales rose 7.3% to a seasonally adjusted annual rate of 323,000 after an 8.3% increase in March, the Commerce Department reported...

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http://www.marketwatch.com/story/us-new-home-sales-rise-73-in-april-2011-05-24?siteid=yhoof