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ID: 25908
Title: Housing improves but durable orders fall (Reuters)
Description:

An undated file photo of a home for sale in Chicago. The pace of U.S. existing home sales rose 3.0 percent in January to a 6.46 million-unit annual rate, the National Association of Realtors said on Tuesday in a report that was stronger than expected. (File/Reuters)Reuters - Existing home sales posted their largest gain in two years last month, a sign the housing market may be climbing out of a slump, but orders for big-ticket factory goods fell as businesses showed wariness about the economy's health.


Category: Business/US Economy/
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Date Added: February 27, 2007 07:18:57 PM
Number Hits: 0