U.S. New-Home Sales Surge to Highest Level in Eight Years
In April sales of new home in the US reached the highest lever since 2008. Highlighs Sales Grew 16.6 percent to 619,000 annualized rate April sales increase was the largest increase since 1992 The average selling price grew 9.7 percent to approximately $321,100 Homes under contract climbed to 209,000, the most since May 2007 Overview…