Home sales surge in September
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WASHINGTON - Sales of existing US homes unexpectedly surged 3.1 percent in September on low mortgage rates, and would have been even brisker had hurricanes not hit the South, a trade association said Monday.
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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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RISMedia, Oct. 26, 2004 - Sales of existing single-family homes were back up again in September after two consecutive monthly declines, according to the National Association of RealtorsÂ®.
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A large climb in September U.S.  retail sales and bigger-than-expected gains in underlying  producer prices boosted hopes for stronger growth and bets that  the Federal Reserve will continue to raise interest rates.
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A big climb in September U.S. retail  sales and larger-than-expected gains in underlying producer  prices boosted hopes for stronger growth and views the Federal  Reserve will keep raising interest rates.
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The number of homes put up for sale surged in May as sellers tried to beat the launch of Home Information Packs.
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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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U.S. chain store sales rose in the  second week of September, supported by strong results at  discount stores, a report said on Tuesday.
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Sales of new homes rose slightly in September but remained near their lowest levels ever. Orders for durable goods declined, but a crucial measure of business spending rose.
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Orders to US factories for big-ticket durable goods edged up 0.2 percent in September while sales of new homes surged to the third highest monthly level on record.
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Sales of new single-family homes  rose 4.8 percent in September but sales in August were revised  down sharply according to a government report on Thursday that  painted a mixed picture of the battered housing sector.
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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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House prices grew by 1.3% in September, the Nationwide says, lifting the annual growth rate to 8.2%.
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NEW YORK Oct. 1, 2004 - Manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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U.S. retail sales rose by an unexpectedly large 1.5 percent in September, propelled by the sharpest jump in auto sales in nearly three years, according to a government report on Friday that bodes well for economic growth in the third quarter.
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Sales of existing U.S. homes surged unexpectedly in September on low mortgage rates, a trade association group said Monday, adding that activity would have been even brisker had hurricanes not hit the south.
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U.S. stock futures jumped on Friday,  pointing to a firm market open, after a government report  showed U.S. September retail sales rose higher-than-expected.