Home sales and rates may extend Santa rally
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Investors have only a sprinkling of economic data on their plates in the last full week of 2007, but if the numbers come through as expected, stocks may extend Friday's early Santa Claus rally.
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Holiday sales are expected to rise,   though at a slower rate than last year as consumers fret about   the declining housing market, according to a National Retail   Federation economic forecast on Tuesday.
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Business & money: December sales fall 0.4% despite discounting, as housing demand also points to deepening slump
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San Diego's slumping housing market may get a short-term boost from people looking for new homes
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Pending sales of U.S. homes rose 4.3 percent in August in a sign the nation's housing market might be stabilizing, a trade association said on Monday.
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RISMedia, Oct. 26, 2004 - Sales of existing single-family homes were back up again in September after two consecutive monthly declines, according to the National Association of RealtorsÂ®.
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With less than two weeks of shopping left until Christmas, the nation&#39;s malls and stores stepped up discounts over the weekend, but business appeared to be mixed, according to analysts.
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Those shopping at post-Christmas sales between 26 and 28 December has risen 2.1% on last year, says a retail analyst.
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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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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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Sold-out Christmas tree lots and  packed parking garages at malls during peak hours at first  glance may suggest a merrier Christmas for retailers, but they  are actually signs the holiday season may be a mixed one for  U.S. retailers, analysts said.
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Wall Street is hoping its traditional  year-end "Santa rally" will pick up steam in the week ahead.
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Christmas can&#39;t come soon enough for the nation&#39;s retailers, but this year, it also might not come strong enough. High energy costs, rising interest rates, and consumer unease about threats
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As mortgage defaults rise, more houses are being put up for auction -- and more people are seeing a chance to make big bucks. But there are risks
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When Santa's in town, the sector jingles.
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Retail sales have risen sharply in the run-up to the key Christmas season, adding to data which suggests the economy is gathering pace and interest rates may rise next year.
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US stocks closed slightly higher on Thursday as the &quot;Santa Claus&quot; rally kept going for a third straight day. The economic news was mixed and trading was light as Wall