Home sales rise unexpectedly in Oct
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The pace of existing home sales rose modestly in October hitting a 6.24 million-unit annual rate, according to a report form the National Association of Realtors on Tuesday that marked an unexpected rise from economists' expectations.
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Sales of single-family homes and condominiums in Massachusetts posted sharp gains last month as consumers took advantage of low mortgage rates that are expected to rise in coming months.
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New-home sales surged unexpectedly in September, climbing 3.5%, as low mortgage rates attracted buyers, a government report showed Wednesday.
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Sales of existing U.S. homes surged  in September on low mortgage rates, a trade association group  said on Monday, adding that activity would have been even  brisker had hurricanes not hit the South.
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US sales of previously owned houses rose in September to the third-highest pace on record, evidence that low borrowing costs were attracting buyers and helping sustain the economic expansion.
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US industrial production jumped the most in three months in October, housing starts surged and consumer prices rose, suggesting the Federal Reserve may keep raising its benchmark interest rate.
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WASHINGTON - New home sales posted an unexpected increase in September. Analysts, however, viewed the small gain as highly questionable given the severe credit crunch that rocked the housing industry this summer. They predicted further sales declines before the worst housing slump in more than two decades comes to an end.
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U.S. housing starts jumped a  larger-than-expected 6.4 percent in October to the busiest pace  since December as buyers took advantage of low mortgage rates,  a government report showed on Wednesday.
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Investor's Business Daily - Inflation, factory output and the housing market all heated up in October as the U.S. economy recovered from summer hurricanes.
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New home sales in the United States increased by 0.2 percent in October from the previous month to a seasonally adjusted annual rate of 1.23 million units, the Commerce Department reported Wednesday.
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Sales of new homes rose 16.2 percent in April, the sharpest climb in fourteen years, while prices fell a record 11 percent, according to a government report on Thursday that showed home builders taking extraordinary steps to move houses.
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Sales of new U.S. homes dipped in October and inventories rose, but builders boosted prices by over $30,000 per unit after a sharp decline in home prices a month earlier, a government report showed Wednesday.
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U.S. new home sales rose 0.2 percent in October to the third-highest level on record following an upwardly revised gain in September, a government report showed on Wednesday.
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U.S. durable goods orders rose, with  key components gaining strongly, and single-family homes sales  soared in September, reinforcing views the Federal Reserve will  raise interest rates further this year.
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A surge in new home sales on the West Coast helped offset a steep drop in the Northeast last month as sales nationwide unexpectedly rose.
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Sales on the High Street grew unexpectedly fast in November, official figures show.
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New home sales unexpectedly rose to an 870,000 annual sales pace in July, reversing two months of declines, and inventories eased, the Commerce Department reported.