Latest News

Sales of new US homes edge down unexpectedly in February
Sales of new US homes edge down unexpectedly in February
Economy
by  AFP

US new home sales ticked down surprisingly in February, according to government data released Monday, after January's rate was revised higher. New single-family home sales were at an annual rate of 662,000 last month, seasonally adjusted, 0.3 percent down from the revised 664,000 figure for January, said the Commerce Department.