housing market

housing market

U.S. New Home Sales Rise in October, but September Revised Down

2d ago
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Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month's sales pace indicated the housing market recovery would remain gradual. The Commerce Department said on Wednesday that sales gained 0.7 percent to a seasonally adjusted annual rate of 458,000 units. September's sales pace was revised down to 455,000 units from 467,000 units. http://news.yahoo.com/u-home-sales-rise-october-september-revised-down-150115323--business.html http://www.wochit.com