New-Home Sales Fall; Durable Goods Rise
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Sales of new homes fell more than expected in July, to their lowest pace since December, as higher mortgage rates cooled the housing market.
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Sales of new U.S. homes again defied  predictions of a slowdown in May and rose 4.6 percent, but  median sales prices fell and the U.S. Northeast experienced its  slowest sales tempo in nearly two years, according to a  government report on Monday.
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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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New single-family U.S. home sales fell 4.7 percent in December to the lowest rate in nearly 13 years while the median sales price dropped sharply according to a government report on Monday that delivered more grim news for the housing sector.
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New orders for U.S.-made durable   goods fell unexpectedly in August and mortgage applications   declined last week in spite of dropping interest rates, reports   pointing to economic weakness showed on 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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New orders for U.S. durable goods rose by a weaker-than-expected 0.6 percent in April as volatile transportation orders fell, while initial claims for jobless benefits rose by 15,000 in the latest week, government reports showed on Thursday.
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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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The release of existing-home sales numbers on Thursday highlight a slow week for economic data.
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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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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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Weak durable goods orders last month fueled concern on Thursday over the resilience of the U.S. economy to the country's steep housing slump.
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Don't be shocked, but: New home sales were soft last year.
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Sales of new homes fell in June by the largest amount in four months while the inventory of unsold homes climbed to a record high, providing further evidence that the once-booming housing sector is slowing.
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WASHINGTON - Americaâs consumers came off a buying binge and were less jolly spenders in November. Newhome sales, meanwhile, cooled from a record high, while demand for big-ticket manufactured goods rebounded.
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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 sales of previously owned  homes fell a steeper-than-expected 1.5 percent in December,  pointing to more dreary conditions for the beleaguered housing  market, a real estate trade group report on Thursday showed.