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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: new home sales

new home sales stories: 13 news summaries
MARKETS

 Dow Up 4 Despite 
 Strong Housing Data 

Gains in durable goods mostly due to defense, aircraft orders

Aug 26, 09 3:33 PM CDT
(Newser) - Stocks barely eked out gains today, as positive reports on housing and durable goods orders failed to excite investors, the Wall Street Journal reports. New-home sales rose 9.6% in July, beating expectations, while inventories dropped to the lowest level since April 2007. The Dow closed up 4 points at... More »

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Dow Jones • durable goods • Nasdaq • new home sales • S&P 500

MARKETS

 Dow Up 3 as Stocks 
 Stall Ahead of Reports 

Investors await consumer confidence, housing, GDP data

Aug 24, 09 3:22 PM CDT
(Newser) - Stocks closed near to opening levels today, with the Dow just barely extending its winning streak into a fifth session, the Wall Street Journal reports. All the indices hit new highs for 2009 early, boosted by housing data, investors pulled back ahead of looming reports on consumer confidence, new home... More »

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Dow Jones • home sales • consumer confidence • Nasdaq • GDP • new home sales • S&P 500

(Newser) - New home sales jumped 11% in June, the biggest gain in eight years, the Commerce Department announced today, as the supply fell to its lowest level in more than a decade. With mortgage rates and prices staggeringly low—the median home price fell 12%—buyers came out of the woodwork.... More »

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real estate • housing market • economic indicators • home sales • mortgage rates • interest rate • home prices • new home sales

March New Home Sales Down 0.6%

But that's good news: Numbers are actually better than expected

Apr 24, 09 11:09 AM CDT
(AP) - New US home sales dipped slightly last month but still beat expectations as builders start to see long-awaited encouraging signs about the housing market—including a dip in the inventory of new homes for sale. Sales fell 0.6% in March to a seasonally adjusted annual rate of 356,000,... More »

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housing market • homes • home sales • Department of Commerce • home builders • new home sales • economy

 New-Home Sales See 
 Surprise Bounce 

But prices decline

Mar 25, 09 10:00 AM CDT
(Newser) - New-home sales took a surprise upward turn in February, the Commerce Department announced today—the first time sales have increased in seven months. But prices continued to tumble. Single-family home sales were up 4.7%, besting analyst expectations of a 2.9% decline. That still left them down 41.1%... More »

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housing market • home sales • home prices • new home sales

 Foreclosures Undercut Builders 


Mar 11, 09 11:00 AM CDT
(Newser) - Foreclosures and other vacant homes make this a tough time to be a builder, the Wall Street Journal reports. Consider Pulte Homes, which is selling a new, four-bedroom home in Las Vegas for $214,990—while a short sale nearby offers a similar Pulte-built home for $149,999. “We... More »

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housing market • foreclosure • home builders • housing starts • existing home sales • new home sales • financial crisis • Pulte Homes • KB Home • Centex • DR Horton

MARKETS

 226-Point Sell-Off Erases Rally 

Nervousness builds ahead of January job report

Jan 29, 09 3:07 PM CST
(Newser) - Widespread layoffs and poor housing data spurred a sell-off in stocks that saw the Dow give back yesterday’s gains and more, MarketWatch reports. Weekly jobless claims rose 159,000 and new layoffs were announced at Allstate and Eastman Kodak, stoking fear ahead of next Friday’s January employment report.... More »

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Dow Jones • Eastman Kodak • Nasdaq • new home sales • S&P 500 • employment report • Allstate

MARKETS

 Dow Falls 100 on Gloomy Data 

GM, Ford fall on ratings downgrades

Dec 23, 08 3:20 PM CST
(Newser) - Stocks fell today amid light holiday-week trading as reports on housing and the economy reminded investors how horrid the year has been, the Wall Street Journal reports. The Dow closed down 100.28 points to close at 8,419.49. The Nasdaq fell 10.81 points to close at 1,... More »

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Dow Jones • General Motors • Ford • Nasdaq • existing home sales • new home sales • S&P 500

 Home Sales, Prices Plunge 

Everyone was really surprised

Dec 23, 08 10:52 AM CST
(Newser) - The housing market had another staggering setback in November, with sales of new and existing homes tumbling while prices took their biggest hit on record, the Wall Street Journal reports. Existing-home sales fell a worse-than-expected 8.6%, while the national median price fell 13.2% to $181,300, the... More »

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housing market • home sales • housing • National Association of Realtors • home prices • existing home sales • new home sales • financial crisis

MARKETS

  Dow Down 203 After Yo-Yo Day

Boost in new home sales is not enough to sustain day's gains

Oct 27, 08 3:20 PM CDT
(Newser) - Stocks closed down today at the end of an extremely volatile session that saw the Dow up over 200 points as investors reeled from plunging overseas markets but were somewhat encouraged by positive news on US home sales, MarketWatch reports. The Dow lost 203.18 to close at 8,175.... More »

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Verizon • Dow Jones • IMF • Nasdaq • Ukraine • Nikkei • new home sales • S&P 500 • financial crisis

Economy

 New-Home Sales Hit
 Lowest Level Since '91 

8.5% drop much worse than expected; supply hits 27-year high

Apr 24, 08 10:53 AM CDT
(Newser) - New-home sales fell yet again in March, the Wall Street Journal reports, with single-family sales off 8.5% to an annual rate of 526,000, the lowest level since 1991. Analysts had expected a drop of only 1.9%. The median price, meanwhile, plummeted 13.3%, to $227,600. With... More »

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housing market • home prices • housing crisis • new home sales

Durable Goods, New Homes Take Hit in February

Orders for business equipment key larger-than-expected drop

Mar 26, 08 11:21 AM CDT
(Newser) - Durable goods took an unexpected tumble in February, the Commerce Department announced today, with a 1.7% drop headlining a raft of bad economic news. Analysts expected a 0.8% increase. “Businesses definitely have shown they are beginning to retrench,” one analyst told Bloomberg. “Demand is weakening.... More »

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housing market • durable goods • economic indicators • manufacturing • new home sales • manufacturing index • Philadelphia Federal Reserve • economy

New Home Sales Hit 12-Year Low

Numbers are a surprise, economists had predicted little change from November

Jan 28, 08 1:20 PM CST
(Newser) - Sales of new homes fell to a 12-year low in December, making 2007 the worst year on record for home sales. Economists had predicted November's numbers wouldn't get much worse; instead, sales decreased 4.7% to an annual rate of 604,000, reports Bloomberg. "We are in deep recession... More »

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housing market • housing sales • housing starts • housing crisis • new home sales

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