Updated August 26 at 12:31am
HOUSING

Home sales grow 9.9% in April

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WASHINGTON - Sales of single family homes across the U.S. were at a seasonally adjusted annual rate of 343,000 in April, according to estimates from the U.S. Census Bureau and the Department of Housing and Urban Development.

Sales rose 9.9 percent year-over-year from the 2011 estimate of 312,000 and 3.3 percent from March 2012’s estimate of 332,000.

The average sales price of a new house was $282,600 and the seasonally adjusted estimate of new houses for sale at the end of April was 146,000.

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