Housing recovery intact despite drop in new home sales New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 percent to a seasonally adjusted […]
Mark Vitner
U.S. new home sales rebound, consumer sentiment dips U.S. new home sales rebound, consumer sentiment dips:- New U.S. single-family home sales rose less than expected in January, likely held back by heavy rains and flooding in California, but continued to point to a strengthening housing market despite higher prices and […]
