U.S. Homes Sales Rebound in March, Beat Analysts’ Estimates

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Fueled by falling new home prices and falling mortgage rates, the U.S. new home market is experiencing a rebound in its fortunes.Starting with falling new home sale prices, preliminary and revised dat

U.S. and sales forecasts following results that beat analysts’ predictions. CVS Health Corp.’s quarterly profit also topped estimates, sending its shares up 2.4 percent, helped by higher.

Home Depot, the No. 1 U.S. home improvement chain, reported third-quarter profit and sales that beat analysts’ estimates as people spent more on their homes, encouraged by the improving housing.

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Sales of new U.S. homes rebounded to the best pace in almost a year and exceeded estimates in February, led by the Midwest, as lower mortgage costs helped buyers afford properties. Single-family.

Caterpillar smashes market estimates as North america sales rebound.. california, U.S., March 3, 2017. REUTERS/Mike Blake/File Photo. Q1 Sales Disappoint, Earnings Beat.

According to a new report by the National Association of Realtors, existing-home sales bounced back in March and remained slightly up from a year ago. Total existing-home sales in the U.S., which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, jumped.

New Home Sales Rebound; Increase Beats Analyst Expectations. New Home Sales beat analyst estimates; Off 10.2 Percent From Year Ago. The U.S. Department of Housing and Urban Development.

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In addition, new home sales for February and March were revised upward by a combined 10,000 units. Compared to May 2016, new home sales are now up 8.9 percent. The number of new homes for sale increased by 4,000 units (1.5 percent) from April to 268,000 units (SAAR), its highest level since July 2009, but still low by historic standards .

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and Gap Inc., the biggest U.S. apparel chain, beat the average estimate of analysts. Unseasonably mild temperatures may have also spurred activity from retail and restaurant sales to homebuilding. The.