New home sales ease while confidence falls
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New home sales in May fell more than expected while consumer confidence in June hit a 10-month low amid worries about jobs and the business climate, adding to signs of sluggish economic growth this year.
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WASHINGTON -- Sales of existing homes dropped for a fifth straight month in July, falling to the slowest pace in nearly five years, while home prices fell for a record 12th consecutive month.
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Sales of new U.S. homes again defied  predictions of a slowdown in May and rose 4.6 percent, but  median sales prices fell and the U.S. Northeast experienced its  slowest sales tempo in nearly two years, according to a  government report on Monday.
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US new home sales in July fell 6.4 percent to a 1.134 million annual rate, the year&#39;s slowest pace and a sign housing may provide less fuel for the economy in coming months.
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Small businesses are losing confidence in the U.S. economy and have little hope a spate of interest rate cuts or economic stimulus measures will do much to boost sales, according to a survey released on Tuesday.
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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 single-family U.S.  homes fell 8.3 percent in August to a 795,000 annual sales  pace, its slowest rate in over seven years, while the inventory  of homes dropped, a Commerce Department report showed on  Thursday.
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Consumer confidence fell more sharply  than expected in September while the pace of existing home  sales slowed in August, according to reports released on  Tuesday that supported the view that the Federal Reserve would  soon cut benchmark interest rates again.
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The pace of existing home sales in  the United States fell in June to a lower-than-expected 5.75  million unit annual rate while prices and inventories showed  signs of stabilizing, the National Association of Realtors said  in a report Wednesday.
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There are now "clearer signs" that demand in the housing market has slowed, according to the Nationwide.
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U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen.
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Stocks edged lower on Friday as weaker-than-expected data on new home sales reinforced worries about the housing and mortgage markets.
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Sales of new U.S. homes unexpectedly  rose in August after July sales came in much weaker than first  thought, while new orders for durable goods fell, according to  government reports on Wednesday that signaled continued  economic softness.
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Home sales slowed in the Untied States in July, but experts say they still moved at a healthy pace. Tuesday&#39;s report from a business group (the National Association of Realtors) says sales of previously-owned homes dropped 2.9 percent in July.
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Retail sales posted a modest gain, despite a drop in consumer confidence spurred by the housing downturn and turbulence in the financial market.
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Sales of new US homes fall 23%, in the latest indication of the downturn in the housing market.
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There's an anxious face-off between sellers and buyers of homes as expectations of big profits fade