New home sales fall; factory orders jump
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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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U.S. new home sales fell more than  expected in July to the their lowest pace since December, as  higher mortgage rates cooled the housing market, a government  report showed on Wednesday.
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U.S. new home sales fell a steeper-than-expected 9 percent in November, but business activity elsewhere perked up this month, according to reports on Friday that showed pockets of strength in the economy despite a housing sector meltdown.
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Sales of new homes dropped to the slowest pace in over seven years, foreshadowing further economic trouble ahead.
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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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Sales of new U.S. homes were unexpectedly weak last month, although they climbed off an 11-year low, and orders for long-lasting goods fell, according to data Thursday that underscored the economy's weakness.
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Sales of new U.S. homes tumbled to a  smaller-than-expected seasonally adjusted 1.072 million  annualized rate in July and a key inventory measure jumped to a  ten-year high, pointing to a rapidly cooling housing market, a  government report showed on Thursday.
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US factories posted their biggest gain in four months on orders for costly manufactured goods, but new-homes sales slid, according to a pair of reports offering a mixed picture of economic activity in July.
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The number of new US homes sales fell by a greater-than-expected 2.1% in May, official data shows.
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New orders at U.S. factories fell unexpectedly in August after a sharp drop in demand for civilian aircraft, government data showed on Monday. But excluding transport, the data showed reasonable strength.
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Factory orders in July for costly manufactured goods recorded the biggest gain in four months. New home sales, meanwhile, slid, according to a pair of reports
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Analysts say 12 percent decline points to a slowing in demand because of higher interest rates. By Courtney Schlisserman. US sales of new homes fell 12 percent in November, the sharpest decline in more than
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Factory orders fell less than predicted in May, reinforcing forecasts that manufacturing will help overcome the housing slump.
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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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WASHINGTON -- Sales of new homes plunged by a record amount in 2007 while prices posted the weakest showing in 16 years, demonstrating the troubles builders are facing with a huge backlog of unsold homes.
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U.S. existing home sales posted  their largest gain in two years last month, a sign the housing  market may be climbing out of a slump, but orders for  big-ticket factory goods fell as businesses showed wariness  about the economy's health.
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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.