NPR : News

Filed Under:

Sales Of Existing Homes Rose In July, Another Sign Of Stronger Market

A 2.3 percent increase in sales of previously owned homes in July from June is the latest sign that the housing market is on the mend, Reuters reports.

The National Association of Realtors said this morning that sales of existing homes increased to a seasonally adjusted annual rate of 4.47 million.

Lawrence Yun, the association's economist, tells NPR's Dave Mattingly that there was also "solid" improvement from a year earlier. Sales were up about 10 percent from July 2011 and prices are up about 10 percent from then as well. Those are indications that "the housing market is healing and now contributing to economic growth," he said.

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

NPR

Writer James Alan McPherson, Winner Of Pulitzer, MacArthur And Guggenheim, Dies At 72

McPherson, the first African-American to win the Pulitzer Prize for fiction, has died at 72. His work explored the intersection of white and black lives with deftness, subtlety and wry humor.
NPR

Oyster Archaeology: Ancient Trash Holds Clues To Sustainable Harvesting

Modern-day oyster populations in the Chesapeake are dwindling, but a multi-millennia archaeological survey shows that wasn't always the case. Native Americans harvested the shellfish sustainably.
WAMU 88.5

Your Turn: Ronald Reagan's Shooter, Freddie Gray Verdicts And More

Have opinions about the Democratic National Convention, or the verdicts from the Freddie Gray cases? It's your turn to talk.

NPR

Trump's Cyber Comments Rouse The Democrats

As they bolster their case that Hillary Clinton is ready to be commander in chief, Democrats are seizing on Donald Trump's comments seemingly encouraging Russia to use cyber-espionage against Clinton.

Leave a Comment

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