WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
Read More »New home sales in the United States shine in June; commercial activity accelerates
WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
Read More »New home sales in the United States shine in June; commercial activity accelerates
WASHINGTON (Reuters) – Sales of new single-family homes in the United States peaked at almost 13 years in June, as the housing market outperforms the overall economy amid low interest rates and migration from downtown urban to low-density areas due to the COVID -19 pandemic. FILE PHOTO: A new house …
Read More »Retail sales in the United States decline; high unemployment, COVID-19 rise looms over recovery
WASHINGTON (Reuters) – US retail sales rose more than expected in June as consumers bought high-priced items like motor vehicles and went out to dinner, but a resurgence in new COVID cases- 19 is impacting the budding recovery, keeping 32 million Americans unemployed benefits. Economists attributed the second consecutive monthly …
Read More »Retail sales in the United States decline; high unemployment, COVID-19 rise looms over recovery
WASHINGTON (Reuters) – US retail sales rose more than expected in June as consumers bought high-priced items like motor vehicles and went out to dinner, but a resurgence in new COVID cases- 19 is impacting the budding recovery, keeping 32 million Americans unemployed benefits. FILE PHOTO: People line up outside …
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