Updated May 22 at 1:38pm

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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.

housing, real estate, home sales, rhode island, warhington, u.s. census bureau, department of housing and urban development

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