Statement from Under Secretary Blank on New Home Sales in April 2010

WASHINGTON, D.C. – May 26, 2010 – (RealEstateRama) — The Commerce Department’s U.S. Census Bureau today released new home sales data for April 2010. Sales of new single-family houses rose 14.8 percent in April to 504,000 units, well above the expectations of 425,000 units and a 3.4 percent monthly increase. New home sales have risen 47.8 percent above their level in April a year ago


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