The U.S.
Census Bureau released the new home sales figures on Friday. The U.S. new home
sales increased 6.4% in April to a seasonally adjusted annual rate of 433,000
units. March's figure was revised up to 407,000 from 384,000. Analysts had
expected a gain to 425,000.
Sales of
new homes declined 4.2% over the past 12 months.
The median
sales price declined 2.1% during the past month to $275,800.
These
figures could be a sign that the U.S. housing market gained strength.