Tag: first-time buyer tax credit

US new home sales in steep fall

US new home sales in steep fall

The Commerce Department has today revealed a fall in sales of new homes in the US for the month of December – the second consecutive month that sales have fallen. According to the Commerce Department, new single-family home sales dived by 7.6% to a seasonally adjusted annual rate of 342,000 units, down from a revised […]

US new home sales fall in November

US new home sales fall in November

There were concerns over a recovery in the US housing market today after the Commerce Department revealed a fall in sales of new homes for the month of November. According to the Commerce Department, new single-family home sales dived by 11.3% to a seasonally adjusted annual rate of 355,000 units, down from a revised 400,000 […]

US home sales in surprise rise

US home sales in surprise rise

The National Association of Realtors has revealed a surprise rise in sales of previously owned homes in the US for the month of September. The industry body said sales surged 9.4% to an annual rate of 5.57 million in September, up from 5.09 million the previous month. The rate far exceeded analysts expectations who had […]