Census Bureau: New Home Sales Ascend

From RealTrends.com: New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April, above the revised March rate of 444,000. April sales are up a dramatic 20% from the year-ago estimate of 352,000, according to data from the Census Bureau and the Department of Housing and Urban DevelopmentAnalysts at Econoday noted that sales are rising in the new home market despite limited supply, a mix that’s driving prices sharply higher. Read more: Census Bureau: New home sales ascend | HousingWire