U.S. Homes Sales Rebound in March, Beat Analysts’ Estimates

In addition, new home sales for February and March were revised upward by a combined 10,000 units. Compared to May 2016, new home sales are now up 8.9 percent. The number of new homes for sale increased by 4,000 units (1.5 percent) from April to 268,000 units (SAAR), its highest level since July 2009, but still low by historic standards .

The major U.S. stock indexes capped a holiday-shortened week with slight gains thursday, reversing some of the modest losses from a day earlier. The marginal upward move was not enough to keep the.

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U.S. home sales rebound signals strong spring selling season.. analysts said.. Existing home sales rose in all four regions in March, jumping by 11.1 percent in the Northeast and 9.8 percent.

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 · Australia retail sales rebound, stoke rate talk. March 2 (Reuters) – Australian retail sales rebounded sharply in January while approvals to build new homes continued to.

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 · T-Mobile US Inc on Monday beat analysts’ third-quarter estimates for net new phone subscribers who pay a monthly bill, boosted by competitive.

Home > Industry > april retail sales Rebound, Beat Forecasts. April Retail Sales Rebound, Beat Forecasts. By Roma Christian. contrasting a 0.6% drop in March.

Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years’ experience as a financial market analyst and trader, he focuses on both fundamental and.

 · Lennar delivered 4,301 homes in the quarter, well above the 3,597 delivered in the year-ago period. Sales incentives rose from $21,300 a year ago to $21,800 in the first quarter of this year.

U.S. comps growth decelerated during the quarter, with a 7.5% gain in August, 4.7% in September and 4.2% in October. Home Depot said hurricanes helped drive sales in August and hurt demand in.

Existing home sales rebound a bit in March. Economists surveyed by MarketWatch expected sales to rebound to 5.0 million units in March. Sales fell a revised 8.9% in February to 4.92 million units, up from the initial estimate of an 9.6% drop to 4.8 million units. The median price of homes sold was down 5.9% from last year at $159,600.