More reading e-books; fewer opt for paper
NEW YORK — The tastes of the reading public are turning digital.
A Pew Internet Research Center survey released Thursday found that the percentage of Americans aged 16 and older who read an e-book grew from 16 percent in 2011 to 23 percent this year. Readers of traditional books dropped from 72 percent to 67 percent. Overall, those reading books of any kind dropped from 78 percent to 75 percent, a shift Pew called statistically insignificant.
Those owning an e-book device or tablet jumped from 18 percent to 33 percent, with much of that increase coming from last year’s holiday season, when millions received Kindles, Nooks and other e-readers as gifts.
Awareness that libraries offer digital texts grew from 24 percent to 31 percent.
The telephone survey of 2,252 people aged 16 and older was conducted from Oct. 15 to Nov. 10. It has a sampling error margin of plus or minus 2.3 percentage points. WASHINGTON — Americans bought new homes last month at the fastest pace in more than 2 ½ years, further evidence of a sustained housing recovery.
Sales of new homes rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000, the Commerce Department said Thursday. That’s the fastest pace since April 2010, when a federal tax credit boosted sales.
New home sales have also increased 15.3 percent over the past year, although the improvement comes from depressed levels. Sales remain below the 700,000 that economists consider healthy.
Sales in the Northeast rebounded in November from disruptions caused by Superstorm Sandy. Sales in the region increased 12.5 percent last month. That followed a decline of 27.3 percent in October.
The housing market has steadily improved this year, helped by stable job gains and record-low mortgage rates. More people are looking to buy or rent a home after living with relatives or friends during and immediately after