Subscribe Register Login

Monday, December 22, 2014, 10:30 p.m.
Top Picks - Capture Arkansas

U.S. sales of new homes up in January

By The Associated Press

This article was published February 26, 2014 at 11:08 a.m.

WASHINGTON — U.S. sales of new homes rebounded in January to the fastest pace in more than five years, offering hopes that housing could be regaining momentum after a slowdown last year caused by rising interest rates.

Sales of new homes increased 9.6 percent in January to a seasonally adjusted annual rate of 468,000, the Commerce Department reported Wednesday. That was the fastest pace since July 2008.

The rise came as a surprise to economists who had been forecasting a sales drop in January, in part because of a belief that activity would be held back by bad winter storms in many parts of the country.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comments on: U.S. sales of new homes up in January

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Cnas, lpns

    HeartlandRehab & Care•CNAs, full time 3-11•LPNs part time & ...
    BENTON, AR

  • Horticulture

    Hope Nursery, LLC dba Country Pines Nursery, Forest Hill, LA...
    ALEXANDRIA, LA

  • Education

    pulaski technical college in North Little Rock, Arkansas, th...
    LITTLE ROCK, AR

  • Estimator baldwin & shell

    EstimatorBaldwin & Shell Construction Company has an immedia...
    LITTLE ROCK, AR

  • Night nurse

    timber ridge, Full time, 7pm - 8amFor large healthcare facil...
    BENTON, AR

Search 681 jobs >

Top Picks - Capture Arkansas
Arkansas Online