November new home sales fell 9 percent
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Sales of new single-family U.S. homes fell much more than expected to an annual rate of 647,000 in November, the slowest pace in more than 12 years, according to a government report on Friday.
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America&#39;s consumers came off a buying binge and were somewhat less jolly spenders in November. New-home sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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The pace of new home sales fell to a seven-year low in August, according to a government report Thursday that showed the battered housing and home building markets even worse than forecasts.
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New single-family home sales fell 4.7 percent in December to its lowest rate in nearly 13 years while the median sales price dropped sharply and the inventory of unsold homes climbed, according to a government report on Monday that delivered more grim news for the battered housing sector.
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A disappointing November employment report helped push mortgage rates lower this week, according to Freddie Mac&#39;s weekly mortgage survey.
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New single-family home sales fell  4.7 percent in December to its lowest rate in nearly 13 years  while the median sales price dropped sharply and the inventory  of unsold homes climbed, according to a government report on  Monday that delivered more grim news for the battered housing  sector.
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The UK property market slowdown continued in November, according to the latest government figures.
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A government housing survey shows UK house prices fell by 0.7% between November and December.
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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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Marking the worst sales year on record, new home sales dropped by 26.4% last year to 774,000.
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November sales of new US homes fall much more than analysts expected, raising concerns about the economy.
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Sales of new U.S. homes fell 16.6  percent in January and prices were little changed as the number  of new homes on the market decreased slightly, according to a  government report on Wednesday showing some weakness in the  unsteady housing sector.
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Sales of new homes, plunging to their lowest level in more than 12 years, were weaker than forecast last month - leaving the market glutted with unsold homes and pointing to more trouble ahead for the battered housing market.
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Sales of new U.S. homes fell in November to the lowest rate since 1995, but business activity perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.
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U.S. new home sales fell a steeper-than-expected 9 percent in November, but business activity elsewhere perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.
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U.S. new home sales fell a  steeper-than-expected 9 percent in November, but business  activity elsewhere perked up this month, according to reports  on Friday that showed pockets of strength in the economy  despite a housing sector meltdown.
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The pace of existing U.S. home sales  edged up in November to a 5 million-unit annual rate and the  median price fell from a year earlier, the National Association  of Realtors said on Monday.