Contracts to purchase previously owned homes rose less than forecast in September, showing housing will take time to gain momentum.

Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.

Sales of previously owned U.S. homes rose in September to the highest level in a year, adding to signs that residential real estate will be a plus for the economy.

Retail sales in the U.S. dropped in September, reflecting a broad-based pullback that signaled consumers took a breather.

Contracts to purchase previously owned homes declined in August as tighter credit and limited wage growth weigh on potential buyers.

New-home sales in the U.S. surged in August to the highest level in more than six years, a sign that the housing recovery is making progress.

Purchases of previously owned U.S. homes declined in August for the first time in five months as investors retreated from the market.

Sales at retailers climbed in August at the fastest pace in four months and prior readings were revised up, boosting prospects for U.S. economic growth this quarter.