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  • US new home sales up 2.3 percent in April
    Sales of new homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.
  • US rate on 30-year mortgages rises to 3.59 pct.
    Average rates on fixed mortgage rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
  • AP NewsAlert
    US new home sales rise 2.3 percent in April while median home prices hit record high.
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