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US home sales fall
Source: Agencies |
February 25, 2012, Saturday
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Print Edition
Print Edition
SALES of new homes in the United States dipped in January but the final quarter of 2011 was stronger than first estimated.
The US Commerce Department yesterday said new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,000 homes. That followed four straight months of gains in which home sales rose 10 percent. The gains came after the government upwardly revised October, November and December's figures.
The US Commerce Department yesterday said new-home sales fell 0.9 percent last month to a seasonally adjusted annual rate of 321,000 homes. That followed four straight months of gains in which home sales rose 10 percent. The gains came after the government upwardly revised October, November and December's figures.
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