Wednesday, February 26, 2014

Sales of new homes in U.S. hit 5-year high in January

Sales of new homes in U.S. hit 5-year high in January



U.S. sales of new homes rebounded in January to the fastest pace in more than five years, offering hopes that housing could be regaining momentum after a slowdown last year caused by rising interest rates. The Associated Press reports sales of new homes increased 9.6% in January to a seasonally adjusted annual rate of 468,000, citing a Commerce Department report issued this morning




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Christie Farris

Christie Farris
Baton Rouge Real Estate