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More positive news...

By: oldCADuser in FFFT | Recommend this post (2)
Fri, 23 Dec 11 7:45 PM | 47 view(s)
Boardmark this board | Food For Further Thought

Msg. 37478 of 65535
(This msg. is a reply to 37472 by clo)
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New U.S. home sales rise to 315,000 rate in Nov.

Dec. 23, 2011, 10:00 a.m. EST

WASHINGTON (MarketWatch) -- Led by growth in the South and Midwest, sales of new single-family U.S. homes rose to a seasonally adjusted annual rate of 315,000 in November, the highest level since April, according to data released Friday by the Commerce Department. Economists surveyed by MarketWatch had expected November's result, and have been cheered by improving trends in recent housing data, though overall levels remain relatively low. Sales in October were upwardly revised to 310,000 from a prior estimate of 307,000. The median sales price fell to $214,100 in November from $222,600 in October. The supply of new homes on the market declined to 6 months from 6.2 months. Sales of new homes are up 9.8% from the prior year.

http://www.marketwatch.com/story/new-us-home-sales-rise-to-315000-rate-in-nov-2011-12-23?

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The above is a reply to the following message:

Breaking News U.S. NOV. DURABLES ORDERS JUMP 3.8% By: clo in FFFT Fri, 23 Dec 11 5:25 PM	Msg. 37472 of 65535
Breaking News U.S. NOV. DURABLES ORDERS JUMP 3.8% http://www.bloomberg.com/

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