New-home sales up, but pace remains sluggish

The Senate has voted to give tax breaks of up to $15,000 to home-buyers as part of the stimulus bill. (David Zalubowski)

May 24, 2011 1:04:58 PM PDT
More people bought new homes for a second straight month in April, a hopeful sign. Still, sales remain far below a pace that would signal a turnaround for the depressed housing market.

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