Skip to Content

Home selling

US home sales slide in April amid listing shortage

US home sales tumbled 3.3 pct. in April as buyers faced shortage of listings, surging prices
Josh Boak, The Associated Press

WASHINGTON - Sales of existing U.S. homes slipped in April due mainly to relatively few listings and rising prices, providing evidence of the housing sector's uneven recovery.

F. Scott Fitzgerald's former home on the market for $3.8M

F. Scott Fitzgerald home where he penned 'The Great Gatsby' on the market for $3.8 million
The Associated Press

GREAT NECK, N.Y. - The suburban New York home where F. Scott Fitzgerald is believed to have written "The Great Gatsby" is up for sale.

A spokeswoman for Coldwell Banker Residential Brokerage says Wednesday that the asking price for the manor home on Long Island is just over $3.8 million. She declined to identify the current owner.

The home is situated in the village of Great Neck Estates just outside New York City.

Surge in home construction is lifting hopes for US economy

Surge in home building and Home Depot sales point to re-energized housing sector and economy
Josh Boak, The Associated Press

WASHINGTON - The U.S. housing market has given a sudden jolt to what appeared to be a slumping economy.

Builders broke ground on homes last month at the fastest pace in more than seven years. The stepped-up construction is helping boost sales at stores like Home Depot and Lowe's and improving the likelihood that the U.S. economy will accelerate after likely shrinking early this year.

Syndicate content