Written by NEW YORK — Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report released Monday. READ MORE »
Posts tagged home sales
Yen Rises as European Stress Tests, Slowdown Concerns Boost Safety Demand
The yen rose, snapping a two-day decline against the dollar and the euro, as concern over the pace of the U.S. recovery and the financial health of European banks boosted demand for Japan’s currency as a refuge. READ MORE »
Stocks gain on prospect of Fed purchases
U.S. stocks advanced last week, sending the Dow Jones industrial average above 11,000 for the first time since the May 6 crash, on speculation the Federal Reserve will buy more debt to boost the economy. READ MORE »
Ahead of the Bell: September Home Sales
Home sales may be coming back a bit, but they have a long way to go before they recover from the worst summer in more than a decade. READ MORE »
Housing market’s recovery appears at risk
The recovery in the housing market is at risk of collapsing. READ MORE »