New Residential Sales Numbers Up in April

Daren Blomquist is back for a second consecutive day, this time to discuss the new residential sales report for April, 2015.

The U.S. Census Bureau and Department of Housing and Urban Development jointly released the new residential sales report, which showed that the seasonally-adjusted annual rate of sales for new single-family houses broke the 500,000 mark in April. That’s an increase from both the month and year prior. Median sales price for new homes also reached its highest point of the year to date. Ilyce and Daren discuss the significance of those figures and how they’d like to see new residential sales move this summer, on this episode of Big Money Real Estate.

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