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Transcripts For CNBC Power Lunch 20140522

And Michelle Carusocabrera with signs of worry, and weve got a big debate this hour on global risk versus global reward. Thats 14 minutes away. First sue at headquarters. Thats right, im in the house. We start this hour with new data on the most important asset for many, if not most, americans. Their homes. Existing home sales ticking up for april. And diana olick is on the case for us in washington. Hi, diana. Reporter hi, sue. And thats right, existing home sales did move up in april. Thats the first monthtomonth move we saw all year, but were not quite out of the woods yet. We know existing home sales up in april 1. 3 month to month, but theyre still down about 7 from a year ago. Regionally much of the nation was unchanged, but the west did see a nice bump up higher. That may be because it began to correct first last year, so it may be beginning to improve for us this year. Sales, though, in the west still down 10 from a year ago. Lets talk about inventory and price because theyre t

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