Filed under: Economy , Real Estate New homes sales surged 6.2% in October to a seasonally adjusted annual rate of 430,000, the U.S. Commerce Department announced Wednesday , as buyers rushed to take advantage of what many believed would be the end of the $8,000 tax credit for first-time home buyers on October 30. However, Congress has since extended the first-time home buyer credit through April 30, 2010. Continue reading U.S. new home sales climb to highest level in a year, led by the South U.S. new home sales climb to highest level in a year, led by the South originally appeared on DailyFinance on Wed, 25 Nov 2009 12:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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U.S. new home sales climb to highest level in a year, led by the South

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