Secret Site Map
Wednesday, July 23, 2014

Home News New U.S. Home Sales Rise 6.2 Percent

New U.S. Home Sales Rise 6.2 Percent

Sales of new homes rose more than expected last month to the highest level in more than a year as the housing market shows stability after its historic collapse.

Associated Press | November 25, 2009

WASHINGTON — Sales of new homes rose more than expected last month to the highest level in more than a year as the housing market shows stability after its historic collapse.

The Commerce Department says sales rose 6.2 percent to a seasonally adjusted annual rate of 430,000 from an upwardly revised 405,000 in September. Economists surveyed by Thomson Reuters had expected a pace of 410,000.

Home shoppers in October were acting before lawmakers decided to extend a tax credit for first-time buyers and expand it to existing homeowners. Nevertheless, sales were up 5.1 percent from a year ago, the first yearly increase since November 2005.

The median sales price of $212,200 was off 0.5 percent from $213,200 a year earlier, but up 0.7 percent from September's level of $210,700.

Click here to read the entire story.

Source: Associated Press

Top news

Video: TV Commercials from Yates-Astro Termite & Pest Control

Yates-Astro Termite & Pest Control, Savannah, Ga., has been running four TV spots — two on termites and two on pest control. The animated roach has been the company's “spokesperson” for a few years.

Man Sets House on Fire While Trying to Kill Spider

A Seattle man set his home on fire while trying to kill a spider with a homemade blowtorch, KIRO reports.

Bayer CropScience Launches Maxforce Impact Roach Gel Bait

The product offers PMPs an innovative white matrix and a new bait active ingredient specially designed to combat aversion.

FMC Introduces Totality Wood Treatment

The new insecticide offers enhanced profitability with formulation, application and package efficiencies, FMC reports.

Bed Bugs Force NH Camp To Close for Remainder of Season

A New Hampshire summer camp has canceled the remainder of the season because of the discovery of bed bugs, boston.cbslocal.com reports.