... Analysts polled by Reuters had expected October sales to jump to a 5.70 million-unit ... units in September. Compared to October last year, home sales were up by a record 23.5 percent ... expire at the end of this month, and similarly robust sales may be occurring in November,” said Lawrence Yun ... Distressed transactions accounted for 30 percent of sales last month and continued to weigh on house prices ...

... rise sharply in October Washington Post WASHINGTON (Reuters) - Sales of newly built US single-family homes in October ... New-Home Sales Climbed in October Wall Street Journal Sales of New Homes in US Rise to Highest Since 2008 Bloomberg October new home sales gain on rise in South MarketWatch Forbes   ... , climbed, data-showed, homes, img-alt, new-home, news-articles, october, rise-sharply, rose-more ...

... Wall Street and industry experts are cheering October’s new-home sales, which handily beat estimates by climbing 6. ... their hammers again soon, this is it.” This is good news as the battered new-home sector limps toward recovery. But we urge caution before ... overly skeptical we’re hesitant to believe that October saw the strongest sales pace yet this year, as most builders we’ve spoken ...

... 6.1 mo’s so we have clearly made much progress in terms of new home building and inventories as the absolute # of new homes for sale fell to ... ‘71. Competition from foreclosures has certainly crimped new home sales. The gain in sales for the month was solely in the South which more than offset drops in the Northeast, Midwest and West. The median home price at $212,200 is down .5% y/o/y ...

The good news is, according to an article from the Chicago Sun-Times, sales of homes in Illinois increased this year for the first time in the last ... 9 percent to $165,000. As a whole, Illinois home sales increased. However, in Chicago alone, sales fell 4.8 percent and the ... from $290,000. With median prices continuing to fall, the home sale increase is expected to continue to rise because of the ...

... Monday. The National Association of Realtors reported that existing home sales rose 10.1% last month to a ... that the Obama administration made available for qualified first-time home buyers, the report said. The tax credit was scheduled to expire ... end of November, but it has been extended to April 30 and expanded to include more home buyers. "Many buyers have been rushing to beat the deadline ...