new home sales

As the U.S. economy’s real gross domestic product rebounded by 2.6% (seasonally adjusted annual rate) in the third quarter, consumer spending was moderately unchanged as the personal consumption expenditures (PCE) index increased by 0.6% to $113 billion in September.  This is...

The Last Week In A Nutshell What Happened: “The market has taken us on a roller coaster ride that no one would have believed — from the depths of March 2020, when we dropped to a level last seen in 2016 (e.g., $2,237.40 on the S&P 500) to a 51% rally back to reclaim an all...

In addition to some optimism from the House’s approval of a second round of funding aimed to help the economy, stock market participants also seem to be taking some cheer from the continued rebound in oil prices after a futures contract earlier in the week plunged into negative territory....

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...

February saw frigid temperatures in most states, but the housing market was hot. Commerce Department data revealed Tuesday that sales of new homes in the U.S. hit an unexpected seven-year high in February, reports the Associated Press. Despite severe weather across the country, which...

January housing data in the U.S. has been uneven, with reports from the National Association of Realtors showing that existing home sales declined in January but home builders claiming that new home purchases were on the rise. Housing market data so far has been disappointing in comparison to...

U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...

U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...

With this week's note auctions coming on the heels of so many statements by Federal Reserve Board Members, the market is showing investors what the bond landscape will look like once the Fed begins to tighten next year. The results so far suggest that the very short end and the long end of the...

U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...

U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...

A number of key economic reports were released on Tuesday, including the Case-Schiller 20-city Index, new home sales, and consumer confidence data. Many of the stocks that moved based on these reports will likely continue to be attractive names to trade throughout the rest of the week. The...

U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...