Rising Home Sales Point to a Housing Recovery

by | Oct 25, 2010 | Towing

Existing home sales unexpectedly surged 10% in September — the second consecutive monthly rise. Although a retrenchment is always possible, if existing sales continue to rise in the quarters ahead, that improvement would suppo…

August’s Bounce in Existing-Home Sales: Scant Progress

by | Sep 23, 2010 | Towing

What should investors make of August’s better-than-expected 7.6% rise? Not too much. Even though it’s a big improvement over July’s ugly 27.2% plunge, it’s still the second-lowest month for existing-home sales in the past 15 ye…