Latest Home sales News

Markets Right Now: US stocks struggle to a mixed finish

Nov. 19, 2019 4:10 PM EST

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. Stocks struggled to a mixed finish on Wall Street as steep drops in Kohl's and Home Depot offset gains elsewhere in the market. Kohl's plunged 19.5% Tuesday after turning in dismal results and cutting its forecast for...

US retail sales rose a modest 0.3% in October

Nov. 15, 2019 11:05 AM EST

WASHINGTON (AP) — Americans stepped up their shopping last month, spending more online and buying more cars, evidence that consumers can still drive the economy’s growth. Still, the details of the report were weaker than expected, economists said, and several analysts reduced their forecasts for...

Pending home sales reached a 21-month high in September

Oct. 29, 2019 11:22 AM EDT

WASHINGTON (AP) — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August to September to 108.7, its highest level since...

Rising home prices, falling sales hurting small businesses

Oct. 28, 2019 10:59 AM EDT

NEW YORK (AP) — Many small companies tied to the housing market are seeing a slowdown in business, one that's forecast to continue well into 2020. Reports on home sales, the home remodeling market and sales of furniture and home furnishings show the spreading fallout from rising prices for houses and...

US new homes sales fell 0.7% in September

Oct. 24, 2019 10:20 AM EDT

WASHINGTON (AP) — U.S. new home sales fell slightly in September with all regions of the country except the Midwest showing declines. The Commerce Department reported Thursday that sales of new homes fell 0.7% last month following a big 6.2% surge in sales in August. Homes were sold at a seasonally...

US new home sales fell 0.7% in September with Midwest only region showing gain

Oct. 24, 2019 10:04 AM EDT
WASHINGTON (AP) — US new home sales fell 0.7% in September with Midwest only region showing gain.

High prices drove US home sales down 2.2% in September

Oct. 22, 2019 12:03 PM EDT

WASHINGTON (AP) — U.S. home sales fell 2.2% in September, as rising home prices and lower inventories have stifled homebuyers. The National Association of Realtors said Tuesday that homes sold last month declined at a seasonally adjusted annualized rate of 5.38 million units, ending a two-month streak of...

US home sales dropped 2.2% in September as surging home prices push buyers away from the market

Oct. 22, 2019 10:10 AM EDT
WASHINGTON (AP) — US home sales dropped 2.2% in September as surging home prices push buyers away from the market.

US unemployment rate hits a 50-year low even as hiring slows

Oct. 4, 2019 3:11 PM EDT

WASHINGTON (AP) — The U.S. unemployment rate fell to 3.5% in September, the lowest level in nearly five decades, even though employers appeared to turn more cautious and slowed their hiring. The economy added a modest 136,000 jobs, enough to likely ease worries that an economy weakened by the U.S.-China...

Business events scheduled for the coming month

Sep. 27, 2019 12:10 PM EDT

Business events and economic reports scheduled for the coming month: All times are Eastern. TUESDAY, Oct. 1 WASHINGTON — Institute for Supply Management releases its manufacturing index for September, 10 a.m.; Commerce Department releases construction spending for August, 10 a.m. DETROIT —...