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Existing home sales fall 2.2% in May

Wed, 06/23/2010 - 10:37 by Sophie Anderson

The negative impact of the withdrawal of the federal tax credit, which was offered to boost the sagging housing market, is showing too sooner than expected.

New home sales jump more than 14% in April

Thu, 05/27/2010 - 18:56 by Neka Sehgal

The housing sector, crippled by the financial crisis, seems well on the road to recovery with sales of new homes surging in April.

Tax credit propels existing home sales

Tue, 05/25/2010 - 16:00 by Jamie Anderson

Buoyed by a lucrative tax credit, low interest rates and affordable prices, sales of previously owned homes exceeded expectations in the month of April.

Home tax credit stimulates housing market

Sun, 10/25/2009 - 15:43 by Jaspreet Virk

New York, October 25 -- The government’s tax credit for the qualified homebuyers seems to have worked well for the nation’s real estate sector, which has been hit hardest by recession.