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Tag Archives: Home Sales

US Trade Deficit in Goods Soars to Record Figures With Faster Economic Recovery

US Inventories rose rapidly as businesses sought to stock up for the holiday shopping season. Container ships are anchored off the ports of Long Beach and Los Angeles to unload imported goods. The trade deficit in goods surged by 17.5% in November to set an all-time high, largely reflecting faster …

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U.S. Pending Home Sales Drop in June

U.S. pending home sales declined in June by 1.9%, according to data by the National Association for Realtors released on Thursday. The decline came against market expectations of an increase amid a tight supply in the housing market. Meanwhile, May’s reading was revised upwards to show an increase of 8.3% …

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U.S. New Home Sales Drop in June

The sales of new single-family homes in the United States declined last month, data showed on Monday. New home sales fell by 6.6% to a seasonally adjusted annual rate of 676,000 units in June, according to the U.S. Department of Commerce. In addition, May’s reading was revised downwards to 724,000 …

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