Latest New residential 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...

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...

FILE - In this Sept. 18, 2019, photo a Puckett Machinery Company technician walks past a new heavy duty Caterpillar excavator that awaits modification at Puckett Machinery Company in Flowood, Miss. Caterpillar is reporting a third-quarter profit of $668 million and topped most expectations, though demand for its equipment is being driven down by the pandemic. The Deerfield, Illinois, company reported a profit Tuesday, Oct. 27, 2020, of $1.22 per share. (AP Photo/Rogelio V. Solis, File)

As pandemic depresses demand, Caterpillar muscles through 3Q

Oct. 27, 2020 8:22 AM EDT

Caterpillar’s sales fell 23% in the third quarter as the pandemic throttled demand for construction equipment and a trade war with China continues to create headwinds. The company still managed to top Wall Street expectations, despite rising COVID-19 infections that hamper almost all sectors, including...

Model homes and for sale signs line the streets as construction continues at a housing plan in Zelienople, Pa., Wednesday, March 18, 2020. Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units. The Commerce Department said Monday, Oct. 26, 2020, that despite the modest decrease, sales of new homes are up 32.1% from a year earlier, as the housing market remains strong despite the pandemic. (AP Photo/Keith Srakocic)

Sept. new home sales fall 3.5%, after strong summer season

Oct. 26, 2020 10:51 AM EDT

CHARLOTTE, N.C. (AP) — Sales of new homes fell by 3.5% in September to a seasonally-adjusted annual rate of 959,000 million units, the Commerce Department said Monday, as the housing market's hot summer buying season cooled. The Commerce Department said Monday that despite the modest decrease, sales of...