New Home Sales Set Record in 2004
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Sales of new homes rose to an all-time high in 2004, the fourth straight annual record. But activity in December barely budged after a big drop the previous month, suggesting the nation's red-hot housing market may finally be cooling.
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Sales of existing U.S. homes surged  unexpectedly by 3.1 percent in September as low mortgage rates  fueled home buying, a trade association report showed 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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Over the last 40 years, home prices have grown at a rate far exceeding wages.
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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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Construction spending in August hit the highest level on record, fresh evidence that the housing market is helping move the economy ahead.
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The beleaguered housing industry is sending mixed signals, with sales of new homes surging in April by the biggest amount in 14 years while prices endured a record plunge
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Sales of existing US homes unexpectedly rose by 2.7 percent in November as low mortgage rates fueled a record pace of home-buying, a trade association report showed on Wednesday.
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New home sales unexpectedly rose to an 870,000 annual sales pace in July, reversing two months of declines, and inventories eased, the Commerce Department reported.
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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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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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The Dow industrials climbed on   Wednesday to within striking distance of a record high, as an   unexpected rise in August new home sales renewed optimism about   consumer spending and the outlook for corporate profits.
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U.S. housing starts unexpectedly  rose 4.7 percent last month to a nearly 21-year high as  single-family housing starts shot up to a record, a Commerce  Department report showed on Wednesday.
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With the help of low mortgage rates, sales of both new and existing homes in the country are on track to hit new record highs for all of this year, analysts say.
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WASHINGTON  - Sales of existing U.S. homesunexpectedly rose by 2.7 percent in November as low mortgagerates fueled a record pace of home-buying, a trade associationreport showed on Wednesday.
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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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Statewide sales of single-family homes and condominiums broke another record last year, topping a strong year in 2003 as low mortgage rates and an improving economy continued to fuel residential sales. Prices also rose for the 11th year in a row. The Massachusetts Association of Realtors reported yesterday the number of detached single-family homes sold increased 8.7 percent in 2004, ...