New-home sales in U.S. rise 3.3% in April

WASHINGTON (MarketWatch)
Sales of new U.S. houses rose 3.3% to an annual rate of 343,000 in April, the Commerce Department said Wednesday
Economists surveyed by MarketWatch expected new home sales last month to total 330,000 on a seasonally adjusted basis
In March, the sales rate was revised up to 332,000 from an original reading of 328,000
Sales rose 28.2% in the Midwest, 27.5% in the West and 7.7% in the Northeast
Only the South reported a decline, with sales down 10.6% in April
The median sales price of new homes, meanwhile, edged up 0.7% last month to $235,700
The supply of new homes on market dipped to 5.1 months from 5.2 months in March