Mortgage rates fall to a record low as new home sales climb. MarketWatch’s Amy Hoak joins the News Hub to discuss whether these developments point to strength ahead for the struggling housing market.
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Home sales far exceeded expectations last month, surging to the highest level in 2.5 years as first-time buyers rushed to take advantage of an expiring tax credit.(Nov. 23) ... "home sales" october home sales rise 10.1 pct from sept.
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Investors halted a three-day losing streak, sending stocks broadly higher on a weaker dollar and better-than-expected home sales numbers.(Nov. 23)
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Nov. 23 (Bloomberg) — Bloomberg’s Michele Steele reports on the performance of the US equity market today. US stocks rose, breaking a three-day losing streak for the Standard & Poors 500 Index, as sales of existing homes climbed more than forecast and speculation grew that the Federal Rese...
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New figures show home prices falling, giving a lift to sales, a powerful Senator proposes a financial overhaul and FedEx sees surging holiday shipments. The AP’s Mark Hamrick reports. (Nov. 10) ... businessminute minute home sales rise fall
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Sales of newly-built homes rose more than expected in October. This is the third housing report of the week and suggests further stabilization in the housing market, and erases the prior month’s decline. In other economic news, consumer attitudes worsened in November, according the results of a ...
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