Existing Home Sales And Prices Both Rose In April | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Existing Home Sales And Prices Both Rose In April

As sales of existing homes rose 3.4 percent in April from March, prices of those previously owned houses, townhouses, condominiums and co-ops also rose, the National Association of Realtors said this morning.

"The recovery appears to be extending to home prices," NAR Chief Economist Lawrence Yun says in a report issued earlier.

Sales were 10 percent above the level of April 2011, NAR adds. Last month's pace: a 4.62 million annual rate.

The national median price, $177,400, was up 10.1 percent from April 2011.

Tempering some of the enthusiasm about the report: As Bloomberg News points out, April's sales increase was the first in three months.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

The Gift Of Eternal Shelf Life: 'Tuck Everlasting' Turns 40

In Natalie Babbitt's celebrated classic, a young girl stumbles upon a secret spring and the family the spring has given eternal life to. Babbitt says she wrote the book to help kids understand death.
NPR

Food Industry Drags Its Heels On Recyclable And Compostable Packaging

A new report from two environmental groups reviewed the recyclability and compostability of packaging from 47 food companies. It found few examples of companies that have prioritized waste reduction.
NPR

Guantanamo Bay A Sticking Point Between U.S., Cuba Since 1903

Guantanamo Bay is home to the United States' oldest overseas base. Melissa Block talks to Vanderbilt History Professor Paul Kramer.
NPR

With 'Discover' Feature, Snapchat Bucks Social Trend In News

Snapchat says social media likes and shares aren't what makes a story important. The ephemeral messaging app has rolled out Discover, featuring multimedia articles from major news brands.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.