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KQED Nightly Business Report May 23, 2012 - Vimarsana News

KQED Nightly Business Report May 23, 2012

but, as suzanne pratt reports, a full recovery in housing is still a long way off. >> reporter: for all those optimists out there, the latest snapshot of the housing market is something to get jazzed about. sales of pre-owned homes rose to an annual rate of 4.62 million units last month. that's the highest level in nearly two years and up 10% from last april. >> some people are starting to come back into the market that were sitting on the sidelines. it's also the spring buying season, so it's typically the time that we start to see numbers rise. >> reporter: speaking of rising numbe...

WMPT Nightly Business Report May 22, 2012 - Vimarsana News

WMPT Nightly Business Report May 22, 2012

foundation. sales of existing homes rose 3.4% in april, with gains coming in all four regions of the country. but, as suzanne pratt reports, a full recovery in housing is still a long way off. >> reporter: for all those optimists out there, the latest snapshot of the housing market is something to get jazzed about. sales of pre-owned homes rose to an annual rate of 4.62 million units last month. that's the highest level in nearly two years and up 10% from last april. >> some people are starting to come back into the market that were sitting on the sidelines. it's also the spring buyi...