US home sales dip but prices rise
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The number of new US homes sold in October fell, but prices rose reversing September's sharp decline, official data showed.
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Pending home sales dipped in November, a trade group for real estate agents said, but the association expects sales to pick up in the second half of 2008.
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The pace of existing home sales in   the United States fell for a fifth straight month in August and   prices dropped from year-ago levels for the first time in more   than 10 years, a realtors group said on Monday.
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The pace of existing home sales in  the United States was off slightly in May to a 5.99  million-unit annual rate, the National Association of Realtors  said in a report on Monday that showed continued weakness in  the housing sector.
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Pending sales of existing U.S. homes  slipped in November but were much stronger than previously  thought in October, according to a report on Tuesday that  offered mixed news on the battered U.S. housing sector.
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A drop in energy costs pulled U.S.  consumer prices down last month, but core inflation moved up  modestly and housing starts surged, according to data on  Wednesday that bolstered expectations for a steady diet of  interest-rate rises.
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The pace of existing home sales in  the United States fell in June to a lower-than-expected 5.75  million unit annual rate while prices and inventories showed  signs of stabilizing, the National Association of Realtors said  in a report Wednesday.
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WASHINGTON -- Pending U.S. home sales dipped in November, a trade group for real estate agents said Tuesday, but it expects the sales pace to pick up significantly in the second half of 2008.
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The pace of existing home sales in   the United States fell for a fifth straight month in August and   prices dropped from year-ago levels for the first time in 11   years, a U.S. realtors group said on Monday.
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Sales of previously owned US homes fell to the lowest in almost five years in July, and unsold properties climbed to the highest since 1991 as turmoil in the mortgage markets rippled through the housing industry.
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Sales of new U.S. homes unexpectedly  rose in August after July sales came in much weaker than first  thought, while new orders for durable goods fell, according to  government reports on Wednesday that signaled continued  economic softness.
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US home prices at record levels don&#39;t signal a national price &#39;&#39;bubble&#39;&#39; because low mortgage rates and prospects for improved job growth will help sustain demand, housing-industry economists said.
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U.S. existing home sales posted their largest gain in two years last month, a sign the housing market may be climbing out of a slump, but orders for big-ticket factory goods fell as businesses showed wariness about the economy's health.
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Orders for long-lasting US goods slipped unexpectedly in October, but new home sales rose, consumer sentiment brightened a bit this month and claims for jobless aid fell, a mixed bag of reports showed on Wednesday.
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Sales of new US homes fall 23%, in the latest indication of the downturn in the housing market.
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Sales of existing U.S. homes fell  more than expected in July, as the housing market took a  breather from its record-toppling run, a trade association  report showed on Tuesday.
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The pace of existing home sales in the United States was off slightly in May to a 5.99 million-unit annual rate, the National Association of Realtors said in a report on Monday that showed continued weakness in the housing sector.