Take a look at some of the most important engines on the previous market: IHS Markit (INFO): The provider of financial information and analysis reported quarterly earnings of 69 cents a share, 2 cents a share above estimates. Revenue was slightly below expectations as organic revenue fell 7%. The company …
Read More »New home sales increased in May as buyers scrambled to find properties to buy.
The numbers: Sales of newly built single-family homes occurred at a seasonally adjusted annual rate of 676,000 in May, the government reported Tuesday. That represented a 16.6% increase from the revised downward pace of 580,000 in April. Compared to the previous year, new home sales increased 12.7% in May. Analysts …
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