Existing 91ÊÓÆµ Sales Rise for First Time in Three Months

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Existing home sales rose in April for the first time in three months, the National Association of Realtors said Tuesday.

Sales rose 3.4% to a 4.62 million-unit annual rate, the group said.

The level was just over economists’ forecasts of a 4.61 million rate, Bloomberg reported.

Sales of single-family homes rose 3% to an annual rate of 4.09 million. Multifamily units jumped 6% to a 530,000 pace.



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