WASHINGTON New U.S. single-family home sales jumped to a seven-month excessive in February, suggesting the housing market recovery was gaining momentum despite increased prices and rising mortgage rates.
The Commerce Department mentioned new home sales dropped 10.four {06d20de2ced542175828071b986cd65550f6ae88fce289b807e18be6ad3b80da} to a seasonally adjusted annual price of 536,000 items final month. Economists polled by Reuters had forecast single-household home gross sales, which account for eight.9 percent of overall home sales, slipping 1.0 percent. In a separate report, the Labor Department said preliminary claims for state unemployment benefits elevated 15,000 to a seasonally adjusted 261,000 for the week ended March 18.
Home Depot also agreed to improve knowledge security over a two-yr period, and rent a chief information safety officer to supervise its progress. It will individually pay authorized charges and associated prices for affected consumers. The 30-12 months fixed mortgage fee is round 4.30 {06d20de2ced542175828071b986cd65550f6ae88fce289b807e18be6ad3b80da}. House prices increased 5.7 {06d20de2ced542175828071b986cd65550f6ae88fce289b807e18be6ad3b80da} in January … Read more
Home Depot Inc’s (HD.N) first-quarter profit and identical-retailer sales topped estimates as clients spent extra on costly objects resembling appliances and flooring and roofing supplies.
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