New Home Sales Surge Nearly 15% in April

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New home sales jumped nationally last month - up 14.8% in April over March 2010. National sales rose 47.8% compared to the same time period last year and in the West sales increased 21.7%. April was the last month first time home buyers could take advantage of the government tax credit that has helped the housing market. Buyers needed to enter into a contract by April 30 in order qualify for the credits.

Read the full article in the Washington Post

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