Saturday, October 29, 2005

US Sept New Home Sales Up, Record Home For Sale

Stock Market News and Investment Information | Reuters.com: "Sales of new U.S. homes rose more slowly than expected in September, while the number of new houses on the market hit a record and median prices fell, according to a government report on Thursday that could signal cooling in the housing boom.
The Commerce Department said new single-family home sales rose 2.1 percent last month to a seasonally adjusted annual rate of 1.222 million units from 1.197 million unit pace in August -- a sharp downward "
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