Posts with tag median price

By Martin Crutsinger WASHINGTON -- Americans bought new homes in May at the fastest pace in more than two years. The increase suggests a modest recovery in the housing market is continuing, despite weaker job growth. The Commerce Department said Monday that sales of new homes increased 7.6 percent in May from April to a... Continue Reading »

The housing market is bouncing back in San Francisco, where sales of houses and condominiums jumped 50 percent in the first quarter from a year earlier. Improving technology stocks and a limited housing supply are credited with the increase. And not just more homes were sold, but at higher prices, with the median price... Continue Reading »