Existing Home Sales Surge in September
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Sales of existing U.S. homes surged  by an unanticipated 3.1 percent in September as low mortgage  rates fueled home buying, a trade association said on Monday.
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Sales of new U.S. homes rose 16.2 percent in April, the sharpest climb in 14 years as builders slashed prices a record 11 percent, a government report showed on Thursday, signalling stabilization in the housing sector.
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US retail sales rose by more than expected in September, easing worries that growth in the world's top economy is in danger of slowing down.
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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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The rise in retail sales was the best showing since March. Also, producer prices rose 0.1 percent in September.
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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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&#39;The ongoing stimulus of lower-than-expected mortgage interest rates was the primary driver of strong home sales in October.&#39;.
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A surprisingly big climb in U.S. retail sales in September and a larger-than-expected gain in underlying producer prices bolstered hopes for an economic revival and views the Federal Reserve will keep raising interest rates.
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US 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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Sales of new U.S. homes defied  predictions of a slowdown in April and rose 4.9 percent while  prices climbed, although the supply of homes for sale hit a  record, a government report showed on Wednesday.
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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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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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US sales of previously owned homes rose 2.7 percent to a record in November, making 2004 the best year ever for housing. Existing homes sold at a 6.94 million annual rate, up from a 6.76
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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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Retail sales in Britain surged in September, with the annual growth rate hitting the highest level for three years, official data showed on Thursday.
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The pace of existing home sales edged up in November from a record low, according to a report on Monday that offered some tentative signs of stabilization in the still-ailing housing market.
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WASHINGTON -- Sales of existing homes posted a tiny increase in October, the first gain in eight months, but the median price of homes sold last month fell by a record amount.