• New home sales fall less than expected in April

    26 days ago - By CNBC

    Sales of new U.S. single-family homes fell less than expected in April, but data for the last three months was revised lower.
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  • New home sales drop 1.5% in April, but it's not a cause for alarm

    26 days ago - By Inman

    New home sales faltered in April, continuing a downward slump that began in December and - with the exception of a 4-percent spike in March - has fallen in every month since.
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  • US sales of new homes slipped 1.5 percent in April

    26 days ago - By Chron

    WASHINGTON - Sales of new U.S. homes fell 1.5 percent in April, held down by a shortage of affordable houses in the most desirable areas and sharp pullback in purchases in the western United States.
    The Commerce Department said Wednesday that new homes sold last month at a seasonally adjusted annual rate of 662,000. Despite the setback, new-home sales so far this year are 8.4 percent higher than in 2017.
    A solid job market and a shortage of existing homes for sale have led more people into the new home market, even though they are generally more expensive than existing homes. Sales last...
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  • A few Comments on April New Home Sales

    A few Comments on April New Home Sales

    26 days ago - By Calculated Risk

    New home sales for April were reported at 662,000 on a seasonally adjusted annual rate basis. This was below the consensus forecast, and the three previous months were revised down.
    Sales in April were up 11.6% year-over-year compared to April 2017, however, this was a fairly easy comparison.
    Earlier: New Home Sales decrease to 662,000 Annual Rate in April .
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  • U.S. New-Home Sales Fail to Meet Expectations

    27 days ago - By Economy

    April sales dropped and annual revisions dinged the first quarter.
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  • Tiffany's Turnaround Plan Is Turning Out to Be a Gem

    27 days ago - By Fortune

    It looks like people like Tiffany & Co's tif new $1,000 tin cans after all.
    The iconic New York jeweler on Wednesday reported much better than expected quarterly sales results, with business fueled by a new line of quirkier products, sending shares up as much as 18% to a new intraday all time high.
    Stripping out the impact of currency fluctuations, same-store sales in the first fiscal quarter rose 7% , smashing expectations for 2.6% growth, according to Consensus Metrix. The increase was particularly dramatic in Asia, and in the Americas. Worldwide net sales rose 15% which fueled a 53%...
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  • Lowe's keeps targets despite sales miss

    27 days ago - By Reuters

    Lowe's posted disappointing quarterly earnings, blaming bad weather. But as Fred Katayama reports, the home improvement retailer is maintaining its annual profit forecast.
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  • New Home Sales decrease to 662,000 Annual Rate in April

    New Home Sales decrease to 662,000 Annual Rate in April

    27 days ago - By Calculated Risk

    The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate of 662 thousand.
    The previous three months were revised down, combined.
    "Sales of new single-family houses in April 2018 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 1.5 percent below the revised March rate of 672,000, but is 11.6 percent above the April 2017 estimate of 593,000." emphasis added
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