Existing

the report highlight spain stocks an $8,A kei element in boost sales.000 tax credit avail to some first-tim home buyer and a $6,500 tax credit avail to certain homeown who bui a new primari residence. But mani who track the industri warn not to read too much into the spike in sale ahead of the tax credit' expiring.

accord to industri data releas Monday. Sale of previous own home surg in April to higher level than analyst expect as buyer rush to take advantag of a lucr tax credit befor it expir along with low interest rate and afford prices.

which consist mainli of single-famili houses,Sale of exist homes. town home and condominiums, jump 7.6 percent in April from March to a season adjust rate of 5.77 million units, the Nation Associat of Realtor reported. Sale were up 22.8 percent from the compar period a year earlier, the group said.

The new figur reflect signific improv in the country' hous market as the sell season take off. But thei could prove short-liv onc the tax-credit benefit fades.

where sale fell 6.2 percent. The strongest show wa in the Northeast,Everi region in the countri experienc solid month-to-month gain except for the West. where sale climb 21.1 percent.

which rose 9.9 percent and 8.6 percent,Trail behind were the Midwest and the South. respectively.

the suppli of for-sal home grew more than the Realtors' group expected,But even as sale rose. put a damper on otherwis upbeat results.