-
Existing Home Sales Rise In October: Will The Rally Last?
Wednesday, November 22, 2017 - 12:53pm | 1246Read More...Sales of previously owned homes increased in October for the second straight month, marking the best performance since June. However, low inventory is limiting the choice of prospective buyers and keeping price growth elevated. Shares of prominent homebuilders such as D.R. Horton Inc. DHI, Lennar...
-
9 Stocks That Moved On The Big New Homes Sales Beat
Wednesday, October 25, 2017 - 12:06pm | 323Read More...New home sales for the month of September soared to the highest level in a decade. Throughout the month of September, sales of new U.S. single-family homes rose 18.9 percent to a seasonally adjusted annual rate of 667,00 units. By comparison, analysts and experts were expecting the SAAR rate to...
-
Existing Home Sales Data Shows A 'Strong Appetite' For Homebuying
Thursday, July 21, 2016 - 11:57am | 372Read More...Existing home sales in the U.S. rose in June and received a strong boost from first-time buyers. According to the National Association of Realtors, existing home sales rose 1.1 percent in June to a seasonally adjusted annual rate of 5.57 million. Sales are now higher by 3 percent compared to...
-
Pending Home Sales Come In Better Than Expected; How Will S&P/Case-Shiller Index Do Tuesday?
Monday, March 28, 2016 - 1:16pm | 298Read More...U.S. pending home sales climbed 3.5 percent to 109.1 in the month of February. The index now sits at its highest level since July of last year. The latest data point was especially important following January's relatively weak number. February marks the 18th consecutive year-over-year (Y/Y)...
-
Why Shares Of LGI Homes Surged
Friday, January 8, 2016 - 12:47pm | 190Read More...Shares of LGI Homes Inc (NASDAQ: LGIH) surged higher by nearly 9 percent at $23.60 Friday morning after the company reported a business update. LGI Homes saw an all-time record for closings during a single month in December with 433 homes closed. The company also noted a record-setting...
-
Home Sales Rise In November; Homebuilding Stocks Winning
Thursday, December 24, 2015 - 10:41am | 278Read More...U.S. home sales rose 4.3 percent in November The Commerce Department on Wednesday announced that sales increased 4.3 percent to a seasonally adjusted annual rate of 490,000 units. October's sales pace was revised, lowered to 470,000 units from the previously reported 495,000 units. Lennar...
-
U.S. Dollar Index Moves Higher
Wednesday, August 26, 2015 - 2:29pm | 128Read More...The September U.S. Dollar Index is trading at 95.01, up 0.48. The U.S. Dollar Index is trading at the highs of the session. Market chatter about U.S. economic data due out the rest of the week and the Kansas City Fed's Jackson Hole Symposium are ongoing. Thursday morning Initial Jobless Claims,...
-
August Home Sales Better Than Expected
Wednesday, September 21, 2011 - 10:02am | 30Read More...August existing home sales came in better than expected, at a seasonally adjusted rate of 5.03 million, versus estimates of 4.75 million. August home sales rose 7.7% year-over-year, versus July, which fell 3.5% year-over-year.
-
Las Vegas Home Sales: 95% of Sales Are to: a) Cash Buyers or b) First-time Buyers with FHA Financing
Tuesday, August 23, 2011 - 9:50am | 215Read More...From the DQNews report on July home sales in Las Vegas: 1. In July, 4,535 new and resale houses and condos closed escrow in the Las Vegas-Paradise metro area (Clark County), down 13.8% from June but up 5.2% from July 2010. 2. Distressed sales (foreclosures and short sales) represented 70.6% of...
-
U.S. Existing Home Sales Fall to 8-Month Low in July
Thursday, August 18, 2011 - 10:18am | 299Read More...Forexpros – U.S. existing home sales unexpectedly declined to an eight-month low in July, industry data showed on Thursday.In a report, the National Association of Realtors said that existing home sales declined by 3.5% to a seasonally adjusted 4.67 million units in July, confounding expectations...
-
Previewing & Trading Tomorrow's Existing Home Sales
Monday, June 20, 2011 - 1:06pm | 165Read More...Existing home sales are set to be released tomorrow at 10:00 a.m., and the report is generally a market mover. Economists are expecting a 4.79 million print for May home sales, which is right about where existing home sales have been for the better part of the year. If the results released come...
-
Previewing Today & Tomorrow's Economic Reports
Wednesday, December 29, 2010 - 9:38am | 102Read More...Today's major economic report is the crude inventories for the week ending December 25. Tomorrow is much heavier in terms of economic data, as pending home sales, jobless claims and Chicago PMI are going to be released. At 8:30, first time initial claims for the week ending December 25 are...
-
Pending Home Sales Worse Than Expected (XHB)
Friday, November 5, 2010 - 12:33pm | 38Read More...Home sales for September fell 1.8%, much worse than the 2.5% economists had expected. The SPDR S&P Homebuilders ETF (NYSE: XHB) is still up 20 cents this afternoon to $16.73, a gain of 1.2%.
-
Home Sales And Leading Indicaors Better Than Expected
Thursday, September 23, 2010 - 10:10am | 95Read More...August home sales came in better than expected, as did leading economic indicators for the month of August, causing a rise in the equity markets. August home sales rose 7.6% to 4.13 million new homes, slightly better than the 4.1 million analysts had expected. August leading economic indicators...
-
Stocks Little Changed After Mixed Economic Data
Friday, September 25, 2009 - 11:26am | 90Read More...US Stock Markets are trading near the flat line today after several pieces of economic data provided a mixed picture of the economy. New home sales were slightly up in August but the results were below expectations. Some analysts see this disappointment as the ending of the $8,000 home buyer tax...
