Pending Sales of Existing Homes Rise Marginally in October
Contracts to purchase previously owned U.S. homes increased marginally in October as a strong labor market and growing wages continue to support demand, according to figures released Nov. 30 from the National Association of Realtors in Washington.
Used-Truck Sales Improve in October
Used Class 8 truck same-dealer sales increased less than 10% in October compared with a year earlier, according ACT Research Co.
November 23, 2016Sales of New Homes Declined to Four-Month Low in October
Purchases of new U.S. homes declined in October to a four-month low, showing the residential real estate market began to soften a month prior to a jump in borrowing costs.
Existing Home Sales Climb to Highest Level Since Early 2007
Sales of previously owned U.S. homes unexpectedly climbed in October to the highest level since February 2007, a sign of momentum in the housing market a month before a jump in borrowing costs, National Association of Realtors data showed Nov. 22.
Retail Sales Jump More Than Forecast in Broad Advance
Sales at U.S. retailers roseĀ in October more than forecast in a broad advance after an even stronger September than initially estimated, showing consumers continue to pump up the economy.
Sales of New Homes Remain Close to Nine-Year High
Purchases of new U.S. homes in September stayed near a nine-year high, showing residential real estate was maintaining momentum heading into the quieter selling season.
US Truck Sales Fall 28.6%
U.S. retail sales of Class 8 trucks sank 28.6% in September, even as the vocational segment showed strength and leasing companies anticipated adding trucks, WardsAuto.com reported.
Sales of Existing Homes Increase More Than Forecast
Sales of previously owned U.S. homes increased more than projected in September, showing residential real estate continues to contribute modestly to growth, National Association of Realtors data showed Oct. 20.
Housing Starts Unexpectedly Drop on Multifamily-Unit Slide
Construction of new homes in the United States unexpectedly fell in September on a plunge in multifamily building while permits rose more than forecast, in signs of fitful progress in residential real estate.
Retail Sales Rose in September by Most in Three Months
Retail sales climbed in September by the most in three months, showing American shoppers began to spend freely again after shying away from merchants earlier in the quarter.