Latest Home sales News

FILE - In this Sept. 29, 2020 file photo, a sale pending sign is displayed outside a residential home for sale in East Derry, N.H. The number of Americans signing contracts to buy homes fell for the second straight month as lack of available homes continue to stifle house hunters. The National Association of Realtors said Monday, Nov. 30 that its index of pending sales fell 1.1%, to 128.9 in October, down from a reading of 130.3 in September. (AP Photo/Charles Krupa, File)

Fewer Americans sign contracts to buy homes in October

Nov. 30, 2020 10:29 AM EST

SILVER SPRING, Md. (AP) — The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters. The National Association of Realtors said Monday that its index of pending sales fell 1.1%, to 128.9 in October, down from a...

New home sales mostly unchanged in October

Nov. 25, 2020 10:47 AM EST

CHARLOTTE, N.C. (AP) — Sales of new homes remained steady in October to a seasonally adjusted rate of 999,000 units. While the Commerce Department said October new home sales were down 0.3% from September, the government revised up its September marginally. In all, the figures did not change much from the...

FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. U.S. home prices rose in April for the eighth straight month, even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April, the largest gain since December 2018, up from 3.9% in March. (AP Photo/Steven Senne, File)

US home price gains accelerate as pandemic shakes up housing

Nov. 24, 2020 9:40 AM EST

WASHINGTON (AP) — U.S. home prices jumped in September as strong demand, low interest rates and the smallest number of available homes on record combined to push up housing costs. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, showed that home prices rose 6.6% in September...

Urban Outfitters earns, consumer confidence, new home sales

Nov. 23, 2020 2:10 AM EST

A look at some of the key business events and economic indicators upcoming this week: RETAIL WOES Urban Outfitters serves up its third-quarter report card Monday. Wall Street analysts expect the clothing and accessories chain will report lower earnings and revenue for the August-October quarter versus a year...

Maine home sales surge in price, volume

Nov. 20, 2020 11:01 AM EST

PORTLAND, Maine (AP) — Home sales in Maine soared in October, when the median sales price for homes was almost 25% higher than a year ago. The volume of sales was up, too. The number of single-family existing homes increased by more than 26% over October 2019, the Maine Association of Realtors said. Last...

An open house is posted in front of a home for sale in Westfield, Ind., Friday, Sept. 25, 2020. Sales of existing homes rose for a fifth straight month in October, the National Association of Realtors said Thursday, Nov. 19. Existing homes sales rose 4.3% to an seasonally-adjusted rate of 6.85 million annualized units.   (AP Photo/Michael Conroy)

Existing home sales up 4.3% in October, fifth monthly gain

Nov. 19, 2020 11:43 AM EST

CHARLOTTE, N.C. (AP) — Sales of existing homes rose for a fifth straight month in October, reaching a level not seen since before the housing bubble popped 14 years ago. The National Association of Realtors said Thursday existing homes sales rose 4.3% to an seasonally-adjusted rate of 6.85 million...

FILE - In this March 22, 2020 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe's announced Wednesday, Oct. 7, 2020 that it is handing out another round of bonuses to recognize its front-line employees in light of the COVID-19 pandemic. (AP Photo/Mark J. Terrill)

Sales surge at Lowe's as the homebound take on more projects

Nov. 18, 2020 12:22 PM EST

Lowe's sales surged in the third quarter more people took on projects at home during the epidemic. Shares, however, slumped 6% Wednesday on an outlook that some saw as pessimistic. Revenue increased to $22.3 billion from $17.4 billion a year ago. That beat the $21.08 billion that analysts surveyed by Zacks...

Homes sales soar on North Carolina's Outer Banks

Nov. 18, 2020 9:10 AM EST

NAGS HEAD, N.C. (AP) — Home sales on North Carolina's Outer Banks are booming in the wake of the coronavirus pandemic and low interest rates. The Virginian-Pilot reported Wednesday that homes and lot sales from Corolla to Ocracoke reached $1.18 billion through October. That's the most since the all-time...

FILE - In this Sept. 15, 2020, file photo, people examine a storefront window as they walk in Boston's fashionable Newbury Street shopping district. Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October yet there are signs they remain cautious about the economy's future as the pandemic worsens. (AP Photo/Steven Senne, File)

Hiring held last month but signs of caution as virus worsens

Nov. 6, 2020 4:26 PM EST

WASHINGTON (AP) — Defying fears of another slowdown, U.S. businesses kept hiring at a solid pace in October, yet there are signs they remain cautious about the economy's future as the pandemic worsens. The Labor Department said Friday that employers added 638,000 jobs and the unemployment rate tumbled a...

In this Friday, Sept. 25, 2020 photo, a

Pending home sales cool in September, down 2.2%

Oct. 29, 2020 10:47 AM EDT

CHARLOTTE, N.C. (AP) — The pending sales of existing homes fell 2.2% in September, the National Association of Realtors said Thursday, the first monthly contraction of that figure in four months. The report is the latest indicator that showed the housing market cooled in September after being strong...