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

A Biography Of Your Cubicle: How This Became The Modern Workplace

The office has long been seen as a symbol of boredom: It's a killer of spirits, a destroyer of spontaneity. But reviewer Rosecrans Baldwin says a new book brings out its entertaining side.
NPR

California Farmers Finagle A Fig For All Seasons

Two growers are competing to harvest fresh figs earlier and earlier in hopes of transforming the industry for year-round production. But some fig lovers say they can hold out for summer fruit.
NPR

Report Decries A Cozy Relationship Shared By DHS And Watchdog

A Senate panel released a report Thursday that criticizes the inspector general of the Department of Homeland Security. It accuses him of repeatedly compromising his independence.
NPR

Rural Hospitals Weigh Independence Against Need For Computer Help

Hospitals in out-of-the-way places are making trade-offs as they adopt electronic medical records. Some are joining larger health systems, while others are searching for ways to go it alone.

Leave a Comment

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