Existing Home Sales Surge in September
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Sales of existing U.S. homes surged  an unanticipated 3.1 percent in September on low mortgage  rates, and sales would have been even brisker had hurricanes  not hit the south, a trade association said on Monday.
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Pending sales of existing U.S. homes advanced a stronger-than-expected 4.9 percent in December, the biggest monthly gain since 2004, a real estate agents' trade association said on Thursday in a report showing some stability in the housing market.
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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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Sales of existing U.S. homes surged  3.1 percent in September on low mortgage rates, and sales would  have been brisker had hurricanes not hit the south, a trade  association said on Monday.
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Sales of existing homes were up both nationally and in Lee County in November, according to statistics released today. Meanwhile, the median price for a single-family home also continued to rise both locally and nationally.
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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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UK house prices shrug off the recent credit market turmoil to post a surprise rise in September, Nationwide says.
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For the first time since March, sales of new homes rose in August.
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Toyota Motor Corp. yesterday reported booming U.S. sales in September, setting a pace that continues to rattle the world's other major auto companies.
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Sales of existing U.S. homes surged  in September on low mortgage rates, a trade association group  said on Monday, adding that activity would have been even  brisker had hurricanes not hit the South.
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WASHINGTON -- Sales of existing homes plunged by a record amount in September as turmoil in mortgage markets added more problems to a housing industry in its worst slump in 16 years.
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Defying expectations again, the state's housing market rebounded in November, with the volume of condo sales skyrocketing 53.6 percent from the year-earlier period and setting a record for the month, according to a report released yesterday by the Massachusetts Association of Realtors.
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Business activity in the U.S. Midwest  expanded in September at a faster-than-expected rate, hinting  that the economy is climbing out of its summer slow patch, a  report showed on Thursday.
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State and national housing sales hit record highs in 2004, boosted by mortgage rates near historic lows, according to preliminary figures released yesterday, but with rates expected to drift upward, few in the real estate industry expect that pace to be matched in 2005.
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Business activity in the US Midwest expanded in September at a faster rate than expected, with employment growing in step with a jump in new orders, a report showed Thursday.
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Sales of existing US 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. 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.