NEW YORK – Stocks gave up an early advance after pending home sales dropped unexpectedly. The market traded in a tight range around the flat mark after the National Association of Realtors said its seasonally adjusted index of home sales agreements fell 7.6 percent in January from December … View full post on NEWS – [...]
Posts Tagged ‘home’
Inventories buoy growth, but home sales slump
February 26th, 2010
WASHINGTON (Reuters) – The economy grew a touch more than initially thought in the fourth quarter, but a surprise drop in January home sales to a seven-month low and weaker consumer sentiment underscored the headwinds for the recovery. View full post on Reuters: Business News
Inventories buoy growth, home sales tumble
February 26th, 2010
WASHINGTON (Reuters) – The economy grew a touch more than initially thought in the fourth quarter, but a surprise big drop in sales of previously owned homes last month showed trouble spots still remain. View full post on Reuters: Business News
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