Real Estate

May 23, 2013
Census Bureau: New home sales ascend

New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April...

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Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve’s quantitative easing program, which continues to help asset prices rise in the housing market.

ReWired

Not unsurprisingly, as the article was passed among trade players on LinkedIn, the voice of objection grew louder and louder. Usually in these cases, some venting is enough to calm the nerves. But not so. Because this time, the article is just plain wrong.

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