Existing home sales rebounded at a record pace in June, the National Association of Realtors reported yesterday, showing strong signs of a market turnaround after three straight months of sales declines caused by the coronavirus pandemic.
Pending home sales mounted a record comeback in May, the National Association of Realtors said yesterday, jumping by more than 44 percent after two monthly declines stemming from the coronavirus pandemic.
American workers filed 1.5 million new applications for jobless benefits last weeks, the Labor Department reported Friday—the third consecutive week at that level, but still at historically high levels in the wake of the coronavirus pandemic.
Existing home sales fell by nearly 10 percent in May from April—the third consecutive monthly decline in the wake of the coronavirus outbreak—the National Association of Realtors reported yesterday. But analysts saw positive signals despite the drop, as first-time buyer and Millennial demand showed signs of intensifying.
More than 1.5 million Americans filed initial claims for unemployment insurance last week virtually unchanged from the previous week and at historically elevated levels for the 12th consecutive week, the Labor Department reported yesterday.
After several months of brutish news, in which home builder confidence fell to an eight-year low, HUD and the Census Bureau had some good news: April new home sales rose for the first time since January.
Existing home sales plunged in April, the National Association of Realtors reported yesterday, continuing a two-month skid in sales brought on by the coronavirus pandemic to the lowest level in nearly 10 years.