EXISTING HOME SALES

US Feb. new home sales plummet

foreclosed home
Sales of single-family houses in the US fell unexpectedly in February, showing continued weakness in the housing industry recovery.

Existing home sales fell sharply in February

Home owners speak with a Freddie Mac representative in Phoenix
Existing home sales in the US fell more than expected in February, indicating an uneven recovery in the housing industry. Sales of previously owned homes dropped 9.6 percent to 4.88 million in February compared with an upwardly revised figure of 5.40 million in January, the National Association of Realtors said on Monday.
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Traders work on the floor of the New York Stock Exchange

US futures down, economic data eyed

Futures on major U.S. indices point to a lower opening on Thursday ahead of economic data, including weekly jobless claims and existing home sales.
3. Priced too low

Pending home sales rose in November

Pending home sales climbed again in November, with the broad trend over the past five months indicating a gradual recovery into 2011, according to the National Association of Realtors (NAR).
Median housing prices decline

Existing home sales rose during November

Existing home sales in the U.S. picked up again in November, after a surprising drop during October, according to a report by the National Association of Realtors.
Traders work on the floor of the New York Stock Exchange

US futures point to flat opening after GDP data

Futures on major U.S. stock indices point to flat opening on Wednesday after government data showed that US economic activity grew at a 2.6 percent annual rate in the third quarter.
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Consumer spending to spur US economy in 2011: Wells Fargo

The U.S. economy will begin to show signs of improvement in 2011 as major indicators such as housing and consumer spending begin to improve by mid-2011, according to an annual outlook report from Wells Fargo.
Traders work on the floor of the New York Stock Exchange

US futures pare gains after jobless claims

Futures on major U.S. stock indices point to higher opening on Thursday but pared earlier gains after the Department of Labor reported that weekly jobless claims climbed last week.
Robert Gross, a trader from Barclays Capital, works on the floor of the New York Stock Exchange in New York

Stocks sink on Korean geopolitical tensions, euro zone dent worries

Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.
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US existing home sales fell in October

Existing home sales in the U.S. dropped in October after two months of strong increases, the National Association of Realtors said in a statement.
Traders work on the floor of the New York Stock Exchange in New York

US stocks open lower as Korean crisis weighs

US stocks declined in early trade on Tuesday as a fresh exchange of fire between North Korea and South Korea overshadowed better-than-expected reading on economic activity.
Traders work on the floor of the New York Stock Exchange

US futures stay lower after GDP data

Futures on major U.S. stock indices remained lower on Tuesday despite better-than-expected reading on economic activity as a fresh exchange of fire between North Korea and South Korea weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures down on Korean crisis, Europe debt worries

Futures on major U.S. stock indices point to lower opening on Tuesday as a fresh exchange of fire between North Korea and South Korea, and concerns over European debt crisis weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures decline as Korean crisis weighs

Futures on major U.S. stock indices point to lower opening on Tuesday after North Korea shelled a South Korean island, triggering worries that the lingering tensions between the countries could worsen.
U.S. Federal Reserve Chairman Ben Bernanke listens to questions as he testifies before a House Financial Services hearing on the "Monetary Policy and the State of the Economy" on Capitol Hill in Washington

What exactly is QE2?

Michael Yoshikami, president and chief investment officer of YCMNET Advisors in Walnut Creek, Calif. discusses what exactly QE is, why it may be needed and its potential impact.

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