Existing home sales hit record high
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NEW YORK, December 30  - The National Association of Realtors reported yesterday that the sales of existing homes in the US had risen to an all-time monthly high in November, surpassing expectations.
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Homebuilders strode upstairs Tuesday after Toll Brothers (TOL:NYSE - news - research) reported record fourth-quarter sales, citing strong demand from affluent buyers.
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The number of luxury homes sold in Britain has risen by more than 60%, with some areas recording their first Â£1m sale.
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Sales of new U.S. homes rose 16.2 percent in April, the sharpest climb in 14 years as builders slashed prices a record 11 percent, a government report showed on Thursday, signaling stabilization in the housing sector.
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The percentage of mortgages entering foreclosure rose to a record level during the three months that ended June 30, according to a survey released today.
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The pace of existing home sales edged up in November from a record low, according to a report on Monday that offered some tentative signs of stabilization in the still-ailing housing market.
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Defying expectations again, the state's housing market rebounded in November, with the volume of condo sales skyrocketing 53.6 percent from the year-earlier period and setting a record for the month, according to a report released yesterday by the Massachusetts Association of Realtors.
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Sales of previously owned homes in November posted their best month on record as low mortgage rates enticed buyers to live the American dream.
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The U.S. housing market may be a seller's nightmare but Manhattan's was a dream in the fourth quarter as foreign buyers pushed up demand while supply stayed tight, sending the average sales price to a record high.
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US sales of previously owned houses rose in September to the third-highest pace on record, evidence that low borrowing costs were attracting buyers and helping sustain the economic expansion.
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The best month on record for sales of previously-owned homes nationally is partly due to the post hurricane rebound in Florida. The National Association of Realtors says November&#39;s sales of existing homes
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Sales of existing homes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month.
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Sales of new homes fell in June by the largest amount in four months while the inventory of unsold homes climbed to a record high, providing further evidence that the once-booming housing sector is slowing.
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U.S. homeowners began the foreclosure process at a record pace in the first quarter of 2007, largely due to a sharp rise in previously hot real estate markets such as California and Florida.
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Business & money: Mortgage lending rose to record levels last month as borrowers reacted to further interest rate rises.
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Sales of new homes rose 16.2 percent  in April, the sharpest climb in fourteen years, while prices  fell a record 11 percent, according to a government report on  Thursday that showed home builders taking extraordinary steps  to move houses.
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Sales of existing homes in the United States fell by 3.3 percent in December from a record November high, a trade association report showed on Tuesday.