Economy - Voice of America: US Housing Market Improves

Economy - Voice of America economy-and-business

US Housing Market Improves Aug 24th 2012, 00:22 There's good news for the U.S. housing market. Newly released figures show a modest uptick in the sales of new and used homes in July. Average home prices also are rising.  But a number of obstacles remain for the struggling housing market. Housing has been a major drag on the economy for the last five years, but a new government report suggests a modest recovery may be under way. Sales of new homes rose 3.6 percent in July.  And a separate report by the National Association of ... Media files: D1C7F07E-6FC2-43A8-AA23-1973B2149D78_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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