Home builder Hovnanian Enterprises Inc. signaled Thursday that the housing market recovery regained some lost ground of late as the builder’s new sales contracts bounced back in October and November.
Miss Hedwig has found a home on Broadway! A new revival of John Cameron Mitchell and Stephen Trask's gritty rock musical Hedwig and the Angry Inch, starring Neil Patrick Harris as a transgender German singer, will begin performances March 29,...
By Aaron Layman Properties: The latest new home sales reports offers both hopeful optimism, and some much-deserved criticism. The Census Bureau estimates of new home sales in previous months have already seen some significant revisions to the downside. Show More Summary
New home sales rose 25% in October, suggesting that a critical sector of the economy is continuing to gain strength as the end of the year approaches....The question mark is when household formation will rebound, after an extended shortfall, Levenson said. Show More Summary
Fixed mortgage rates increased sharply this week on better-than-expected reports concerning private job growth and new home sales, Freddie Mac reported. Rates on 30-year fixed-rate mortgages averaged 4.46 percent with an average point of 0.5 percent for the week ending...
Thanks to the government shutdown, there were two new home sales reports issued today, one for September and one for October. New home sales fell -6.6% in September to a 354,000 annual rate. New home sales rose dramatically in October, up 25.4% to a very solid 444,000 annual rate. The US trade deficit narrowed by [...]
Coming in second to only the Nintendo 3DS XL, the top selling platform and best selling home console in the weekly Japanese sales charts according to new market data. Do you know what this means? It means that the Big 'N' is still in...Show More Summary
By Gary Gordon: One mistake that people often make is that they react too strongly to individual economic reports. For example, recent headlines heralded a dramatic 25% jump in new home sales from September to October. And, most of the...Show More Summary
One mistake that people often make is that they react too strongly to individual economic reports. For example, recent headlines heralded a dramatic 25% jump in new home sales from September to October to September. And, most of the follow-up commentary trumpeted the fact that 444,000 purchases...
By Sold At The Top: Today, the U.S. Census Department released its monthly New Residential Home Sales Report for October. It showed Complete Story »
By Wall Street Strategies: By David Urani New home sales were encouraging, with October posting a 444k annual rate versus the 425k consensus. That represents a 22% increase over last year and a nice rebound after a recent lull. At this level, we’re right back below the April high of 446k. Show More Summary
On Nov. 10, 1963, John and Jackie Kennedy spent a quiet weekend with their family at their new custom estate in Middleburg, Va. It was only the second time they had visited; the home had just been finished the month before. The visit ended up being the last family visit to the sprawling ranch home. Show More Summary
While new home sales surged in October, that doesn't mean that you should rush out and buy shares of homebuilders like D.R. Horton or PutleGroup.
By Dave Kranzler: In what is probably the most unusual new home sales report I've ever seen released by the government's Census Bureau, new home sales for both September and October were released today. Although the media headlines are...Show More Summary
David Berson of Nationwide Insurance tells the Wall Street Journal’s Mathew Passy why home sales are weaker in the second half of 2013.
New home sales surged 25.4% month-over-month to an annualized pace of 444,000 in October. While this seems like a huge jump, it is similar to rates of sales seen in Q1 (449,000) and Q2 (443,000) of 2013, before the lagged effect of higher...Show More Summary
New home sales shot up in October, evidence that buyers nationwide may be absorbing higher mortgage interest rates.
With the government shutdown which apparently had zero impact on the economy, moments ago the Census Bureau released not one but two New Home Sales reports together due to the delay in data reporting. The data showed that while in September...Show More Summary
Sales of new homes grew 25.4 percent; largest monthly percentage increase since May 1980
Chuck Burton/AP By Lucia Mutikani WASHINGTON -- Sales of new U.S. single-family homes recorded their biggest increase in nearly 33½ years in October, suggesting the housing market recovery remains intact despite higher mortgage...Show More Summary