ECONODAY: Progress in the housing market is slow but steady. Sales of existing homes rose 1.7 percent in April to a 5.45 million annualized pace and are up a very solid 6.0 percent from April last year. Prices are also up, with the median 5.0 percent higher in the month to $232,500 for a year-on-year gain of 6.3 percent. These are not earth shattering but they are at the very top of other growth rates in the economy...
