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US new-home sales likely rose in March
The Commerce Department reports on sales of new homes in March. The report is scheduled to be released at 10 a.m. Eastern time on Wednesday. SALES DOWN: Economists expect that sales rose 2.3 percent to a seasonally adjusted annual rate of 450,000 last month, according to a survey by FactSet. New-home buying dipped 3.3 percent in February. Harsh winter storms that month curtailed purchases in the Northeast, while buying also fell in Western states where prices increases during 2013 have hurt affordability. SPRING REBOUND: Home sales usually improve with the start of the spring. More would-be buyers venture to open ... (full story)
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- Apr 23, 2014 8:42am Apr 23, 2014 8:42am
- Schminner
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- Nocturnes
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A word to the wise ain't necessary - it's the stupid ones that need advice
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- Apr 23, 2014 9:52am Apr 23, 2014 9:52am
- dashisiong
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Patience, let the market come to you!
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- Apr 23, 2014 10:23am Apr 23, 2014 10:23am
- wlarimer
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- Taffy
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