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	<title>Positive News On Real Estate &#187; Home Sales Rose in May</title>
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		<title>Home Sales Rose in May</title>
		<link>http://www.positiveonrealestate.com/pr/373</link>
		<comments>http://www.positiveonrealestate.com/pr/373#comments</comments>
		<pubDate>Wed, 24 Jun 2009 15:32:50 +0000</pubDate>
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				<category><![CDATA[Positive Real Estate]]></category>
		<category><![CDATA[home sales]]></category>
		<category><![CDATA[housing data]]></category>

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		<description><![CDATA[Home sales rose for the second straight month and inventory got trimmed. Home prices still show much lower values from a year ago, but part of that is due to more transactions on the lower-priced homes and fewer on the high-end. The rise in the national median home price should not be viewed as a [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="margin: 0in 0in 0pt;"><span>Home sales rose for the second straight month and inventory got trimmed. Home prices still show much lower values from a year ago, but part of that is due to more transactions on the lower-priced homes and fewer on the high-end. The rise in the national median home price should not be viewed as a genuine price gain yet since most if not all of the rise could be due to seasonal factors of more families with children entering the market this time of the year and they tend to buy non-distressed homes at higher values.</span></p>
<p><span></p>
<li>In the Midwest, existing home sales increased 9.0 percent</li>
<li>In the Northeast, sales increased 3.9 percent</li>
<p><a href="http://www.facebook.com/ext/share.php?sid=95279899795&amp;h=_st2H&amp;u=Lsfnb&amp;ref=nf">The housing  data</a></span><br />
<h3 class='related_post_title'>More related Positive News</h3>
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