New home sales tick higher in September
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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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Sales of new homes rose in May to the fastest pace this year, led by big gains in the South.
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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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House prices rose by 0.2 per cent in September but the market remains subdued, says the Nationwide... September&#39;s rise follows August&#39;s modest 0.1 per cent increase, but annual house price inflation over the
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U.S. new home sales jumped a surprising 9.4 percent in August, the fastest acceleration of sales in almost four years, as a fresh dip in mortgage interest rates attracted buyers, a government report showed on Monday.
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Defying forecasts of an imminent slowdown, sales of new homes shot up in April to the fastest sales pace this year. But prices were up only slightly, and the backlog of unsold homes hit a new record.
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Sales of existing U.S. 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 on Monday.
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U.S. department stores and clothing retailers posted surprisingly strong September sales on Thursday as falling gasoline prices and cool weather spurred spending on fall fashions such as skinny jeans and long tops.
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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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Business & money: Values rose by 0.7% in September despite financial turmoil.
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Sales of new 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, signaling stabilization in the housing sector.
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House price growth continued to show signs of slowing down during September the latest figures have shown. The average cost of a home increased by 0.2 per cent during the month, following growth of only 0.1
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Orders to US factories for big-ticket durable goods edged up in September while sales of new homes raced to the third-highest monthly level on record.
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UK house prices rose 0.2pc in September compared with the month before to stand up 17.8pc on a year ago, according to Nationwide Building Society.
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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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WASHINGTON &#151; Sales of new homes rose by 9.4 percent in August, the Commerce Department said yesterday, as mortgage interest rates remained at low enough levels to continue enticing buyers worried about future rate increases.
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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.