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Existing Home Sales And Prices Both Rose In April

As sales of existing homes rose 3.4 percent in April from March, prices of those previously owned houses, townhouses, condominiums and co-ops also rose, the National Association of Realtors said this morning.

"The recovery appears to be extending to home prices," NAR Chief Economist Lawrence Yun says in a report issued earlier.

Sales were 10 percent above the level of April 2011, NAR adds. Last month's pace: a 4.62 million annual rate.

The national median price, $177,400, was up 10.1 percent from April 2011.

Tempering some of the enthusiasm about the report: As Bloomberg News points out, April's sales increase was the first in three months.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Chasing Food Dreams Across U.S., Nigerian Chef Tests Immigration System

Tunde Wey wanted to share the food of his West African childhood. So he crossed the U.S. by bus, hosting pop-up dinners along the way. But Wey, like many immigrants, found success can unravel quickly.
NPR

Chasing Food Dreams Across U.S., Nigerian Chef Tests Immigration System

Tunde Wey wanted to share the food of his West African childhood. So he crossed the U.S. by bus, hosting pop-up dinners along the way. But Wey, like many immigrants, found success can unravel quickly.
WAMU 88.5

New Challenges To Recycling In The United States

Falling commodity prices are putting a squeeze on American recycling companies. What this means for cities, counties and the future of recycling programs in the United States.

WAMU 88.5

UMBC President Freeman Hrabowski

The president of University of Maryland, Baltimore County, chats about the future of higher education — and what he's doing to steer African-American students into science, technology, engineering and mathematics.

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