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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: existing-home sales

existing-home sales stories: 5 news summaries

MARKETS

 Dow Climbs 156; 
 Stocks Hit Highs 

Jump in existing-home sales spurs rally

(Newser) - Stocks rallied today off of strong housing data, propelling all three major indices to their highest levels of the year, the Wall Street Journal reports. Sales of existing homes rose 7.2% in July, the National Association of Realtors said, beating analysts’ expectations by a generous margin. The Dow rose... More »

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(Newser) - Pending sales of existing US homes soared in April, posting their largest jump since October 2001. Combined with a 3.2% jump in March, the 6.7% increase in April—far more than the forecast 0.5%—suggests a longer-term upward trend, the Wall Street Journal reports. Dipping prices, low... More »

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housing market mortgage home sales mortgage rates home prices existing home sales tax credit existing-home sales

MARKETS

 Dow Rebounds, Rises 142 

Banks still feel pain ahead of next bailout

(Newser) - Stocks bounced back in the wake of yesterday’s sell-off, with news of a rise in December existing-home sales feeding optimism, the Wall Street Journal reports. Merck continued to rise after reporting a quarterly profit, closing up 7.7% and boosting other pharmaceuticals. The Dow closed up 141.53 points... More »

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MARKETS

 Dow Rises 62 Despite Data  

Oil futures end a four-day rally

(Newser) - Stocks failed to hold on to session highs but made gains today amid a series of dismal, if not unexpected, economic reports. Oil futures ended a four-day rally, falling $0.23 to $48.59 a barrel after briefly topping $50, Marketwatch reports. The Dow added 62.21 points to close... More »

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 Surprise! Existing
 Home Sales Jump 

February's 2.9% rise surprises analysts; median price tumbles unprecedented 8.2%

(Newser) - Existing home sales stunned Wall Street today with an unexpected spike, Bloomberg reports. The metric rose 2.9% in February to an annual pace of 5.03 million. Analysts had predicted yet another decline, to a 4.85 million pace. But one economist said this was only a “temporary... More »

5 Stories