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Real Estate Outlook: New Home Sales Rise 3.3 Percent

Posted by Bonnie Martin Designated Broker on Wednesday, June 20th, 2012 at 8:33am. - New home sales rose during the month of April. This 3.3 percent rise reported by HUD and the U.S. Census Bureau is consistent with predictions of sustained growth through the rest of the year.

On a regional basis, new-home sales rose 7.7 percent in the Northeast, 28.2 percent in the Midwest and 27.5 percent in the West in April. The South was the only region to post a decline for the month, of 10.6 percent.

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