Tuesday, June 2, 2009

The Economy

NAR: Existing-Home Sales Jump
April home sales rose 2.9 percent from the prior month, with markets in the Northeast and West showing the strongest gains. Read more from NAR's latest housing report. Read more >

Home Prices Fall in First Quarter; Pace of Decline Lessens Considerably
RISMEDIA, June 1, 2009—U.S. home prices fell in the first quarter of 2009 according to the Federal Housing Finance Agency’s (FHFA) seasonally-adjusted purchase-only house price index (HPI). The previously announced, but revised January and February indexes showed increases in house prices, which were Continued

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