Sales of new homes increased 18.6% in May, the biggest one-month gain since January 1992, to a 504,000 annualized pace, figures from the Commerce Department showed June 24 in Washington.
June 24, 2014Business
Sales of Existing Homes Climbed in May
Purchases of previously owned U.S. homes rose more than projected in May, a sign the industry is stabilizing after a weather-depressed quarter.
June 23, 2014Business
Truck Sales Remain Strong
U.S. Class 8 retail sales continued their brisk pace in May, rising 16.4% from the same month last year to 17,990 trucks, marking the fourth straight month of double-digit percentage growth, Wards Auto.com reported.
June 16, 2014Business
Retail Sales Rise 0.3% in May
Retail sales rose 0.3% in May after a revised 0.5 % gain in April that was much larger than previously estimated, the Commerce Department reported.
June 12, 2014Business
Pending Sales of Existing Homes Increased 0.4% in April
Contracts to purchase previously owned homes rose in April for the second straight month, a sign the residential real estate market is stabilizing after a weak start to the year.
May 29, 2014Business
Sales of New Homes Increased 6.4% in April to 433,000 Pace
Sales of new homes rose 6.4% in April to a 433,000 annualized pace from a revised 407,000 in March that was larger than initially estimated, the Commerce Department reported.
May 23, 2014Business
New Truck Sales Up 13.6%
U.S. retail heavy-duty truck sales totaled 17,776 in April, the highest level thus far in 2014 and 13.6% above the same month a year earlier, WardsAuto.com reported.
May 19, 2014Business
Retail Sales Rise 0.1% in April, Following Largest Gain in Four Years
Retail sales increased 0.1% in April after the biggest increase in four years, the Commerce Department reported May 13.
May 13, 2014Business
Pending Sales of Existing Homes Rise Most Since 2011
Pending home sales rose 3.4%, the most since May 2011 and the first gain in nine months, after a 0.5% drop in February that was smaller than initially reported, the National Association of Realtors said April 28.
April 28, 2014Business
New-Home Sales Plunge to Eight-Month Low
Sales of new homes plunged 14.5% in March to a 384,000 annualized pace, the lowest level in eight months, the Commerce Department reported April 23.
April 23, 2014