Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
1/23/2014 10:15:00 AM Write a Letter to the Editor Write a letter to the Editor

Existing Home Sales Rise in December

Existing home sales increased 1% in December, the first rise in four months, the National Association of Realtors said Jan. 23.

Sales rose to an annual rate of 4.87 million. The December level was lower than economists’ median forecast of 4.93 million, Bloomberg News reported.

“Housing is on the mend,” Anika Khan, a senior economist at Wells Fargo Securities, told Bloomberg. “It’s had a few negative factors to impact it and some slowdown activity, but that’s to be expected, especially this time of year.”

Sales rose in two of the four regions. The West was highest with a 4.8% rise, followed by 3.6% in the South.

For the full year, purchases increased 9.1% to 5.09 million, Bloomberg reported.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement