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Home Sales Data Hits Homebuilder ETFs
Wednesday, April 23, 2014 - 2:04pm | 572Read More...On Wednesday, the U.S. Commerce Department released its housing data which showed sales of single-family homes dropped 14.5 percent in March. The seasonally adjusted rate of 384,000 sales is the lowest since the summer of 2013 which has some economists worried about weakening demand. As a...
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US Stocks Rally On Impressive Home Sales Data
Friday, April 23, 2010 - 12:18pm | 259Read More...US stocks rallied quickly after the Commerce Department reported higher-than-expected sales of new homes in March. The sales rose to the largest year-over-year increase in nearly five years as buyers rushed to secure government tax credits scheduled to expire at the end of April. After opening in...
