Tag: Home sales

New home sales stagnant, casts shadow on housing

New single-family home sales fell slightly in October and the prior month’s pace of sales was revised sharply lower, casting a small shadow over what has been one of the brighter spots in the U.S. economy. The Commerce Department said on Wednesday sales dropped 0.3 percent last month to a […]

Home resales slip, housing recovery still eyed

Home resales retreated in September from a two-year high, a reminder that America’s housing sector is a long way from a full recovery despite recent signs of improvement. The National Association of Realtors said on Friday that existing home sales dropped a modest 1.7 percent last month to a seasonally […]