Existing home sales jump 7.6%

Press release from the issuing company

Tuesday, May 25th, 2010

Sales of existing homes in April were up 7.6 percent in March, led not only by the homebuyer tax credit, but by improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors.

Compared to a year ago, existing home sales were up 22.8 percent.  (read more at Atlanta Business Chronicle)