Dive summary:
- Home builders got good news, with the annual sales pace of houses going up 5.7% from August to September and reaching a point 27.1% ahead of the year-ago rate.
- Prices went the other way slightly, with the median national sales price falling to $242,000 from August's $250, 400. That was still 11.5% better than September 2011, however.
- Measured as the number of homes that would be sold if business was at the September pace for 12 months, the U.S. was at 389,000 units.
From the article:
Sales of new homes jumped in September to their highest level in more than two years, the latest sign that the housing market is on firmer ground after a bruising five-year downturn. ...
