The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury recently released the April edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data shows important progress across many key indicators. Even though home values continue to rise and home sales remained strong, officials caution that the overall recovery remains fragile.
The annual increase in home prices is the highest in nearly seven years and sales of existing and new homes are both up over 10 percent from one year ago, said HUD Deputy Assistant Secretary for Economic Affairs Kurt Usowski.
The April Housing Scorecard features key data on the health of the housing market and the impact of the…
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