Home sales are on the rise this spring! According to the National Association of Realtors, sales of existing homes rose 6.8 percent in March, and were 16.1 percent above the sales pace in March 2009.
In addition, the Commerce Department announced last week that sales of new homes surged 27 percent last month, well exceeding expectations. In fact, March was the strongest month since last July, and saw the largest monthly increase in 47 years.
