Existing home sales up, durable orders down
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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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Pending sales of existing U.S. homes  slipped in November but were much stronger than previously  thought in October, according to a report on Tuesday that  offered mixed news on the battered U.S. housing sector.
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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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Existing home sales in the United States increased 2.7 percent in November at a seasonally adjusted annual rate to an all-time monthly high of 6.94 million units, the National
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Still, July&#39;s sales pace is the third-best ever, and far ahead of the rate at the same time last year. By Associated Press. WASHINGTON - Sales of previously owned homes declined in July but still posted their
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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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Sales of new U.S. homes unexpectedly  rose in August to a seasonally adjusted 1.050 million  annualized rate after a sharp downward revision in July's  tally, while the inventory of homes for sale eased slightly, a  government report showed on Wednesday.
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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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Orders for durable goods rose in September for the third time in four months. Home sales also increased. Orders for goods intended to last more than three years increased 0.2 percent to $195.
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Pending sales of previously owned homes fell a steeper-than-expected 1.5 percent in December, pointing to more dreary conditions for the beleaguered housing market, a real estate trade group report on Thursday showed.
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Stocks rose on Monday as data on existing-home sales landed near analysts' forecasts, allowing investors to focus on the recent decline in bond yields and the Federal Reserve's next policy-setting meeting.
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Sales of existing homes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month.
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Sales of previously owned homes declined last month as the supply of unsold properties on the market ballooned and prices declined compared with those a year earlier.
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NEW YORK, December 30  - The National Association of Realtors reported yesterday that the sales of existing homes in the US had risen to an all-time monthly high in November, surpassing expectations.
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Sales of previously owned homes inched up 0.4 percent  but that did not change the overall bleak picture for a housing industry that has been suffering through a painful slump.
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Sales of existing homes stayed weak in July, according to a trade group report that showed an increase in the glut of homes for sale by homeowners.
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The pace of new U.S. home sales rose in September from a weaker August number, and orders for long-lasting manufactured goods dropped, according to data released on Thursday that showed a slow-growing economy.