| Commentary

Become a contributor

Bookmark Econotimes

| Commentary

U.S. vehicle sales fall again in November

Why knock down all public housing towers when retrofit can sometimes be better?

United States building permits

Gurdwaras, mosques, temples and churches: how faith groups are reviving England’s old cinemas

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. weekly jobless claims unexpectedly decrease

What is negative gearing and what is it doing to housing affordability?

Swedish economic sentiment indicator rises in November

UBS "이 미국 도시, 부동산 거품 위험 가장 높아"

Germany's unemployment exceeds expectations in September

Stamp duty is holding us back from moving homes – we’ve worked out how much

Sharehousing can be fun, but fraught with risk – and the law offers little protection. These 3 changes could help

Philippine central bank keeps interest rate unchanged at 2 pct

Choices made nearly a century ago explain today’s housing crisis

UK Housing Market Slows Amid Tax Hike Concerns

Replacing stamp duty with a land tax could save home buyers big money. Here’s how

©Econometrics LLC . All Rights Reserved.

US new home sales rise but remain sluggish in November

Thursday, December 24, 2015 2:49 AM UTC

US new home sales summed up to 490k in the month of November, below the market consensus expectations. The previous month's sales data was revised lower by a net 39k.

Single family sales rose in the West, with sales in the latter area gradually recovering from recent weakness induced by weather. There was a bit softening in the Northeast and midwest sales in November.

"Unit sales, average selling prices and the deflator for single family homes under construction all left our Q4 GDP tracking estimate unchanged at 1.5%", says Barclays in a research note.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Cuba Reaffirms Anti-Drug Cooperation as Tensions Rise in the Caribbean

Drones Spotted Near Zelenskiy’s Flight Path in Ireland Trigger Security Alert

Amazon Italy Pays €180M in Compensation as Delivery Staff Probe Ends

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

FxWirePro: USD/CAD downside pressure builds, key support level in focus

FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

US new home sales rise but remain sluggish in November

Editor's Picks

Welcome to EconoTimes