Secret Site Map
Wednesday, January 28, 2015

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

Chicago Tops Orkin's List of 'Bed Bug Cities' for 2014

Chicago tops the 2014 Bed Bug Cities List for the third year in a row. The list, released by Orkin, ranks the cities by the number of bed bug treatments Orkin performed from January to December 2014.

Environmental Pest Service Expands to Orlando

The company, formerly Arrow Environmental Holdings, closed seven merger deals in December.

McCloud Aquatics Has New Owner; Relocates HQ

Phil McCloud purchased the company from his brother, Chris. The company also relocated its headquarters to Elburn, Ill.

Mosquito Joe Holds its Largest Training Event to Date

Forty new franchisees attended training at the Mosquito Joe headquarters in Virginia Beach, Va.

Ants Being Studied for Ability to Handle Traffic

In an NPR interview, physicist Apoorva Nagar discussed how he thinks studying ants reveal clues to reducing highway traffic jams.

x