Sales - Page 29

U.S. new home sales drop to two-year low in June

WASHINGTON – Sales of new U.S. single-family homes dropped to their lowest level in just over two years in June, the latest sign that rising mortgage rates, combined with higher prices, were…
July 26, 2022

Hong Kong May retail sales fall 1.7%

HONG KONG – Hong Kong’s May retail sales fell 1.7% from a year earlier after a sharp increase the previous month, government data showed on Thursday. Sales eased to HK$29.1 billion ($3.71…
June 30, 2022

U.S. pending home sales unexpectedly rebound in May

WASHINGTON – Contracts to buy U.S. previously owned homes unexpectedly increased in May after declining for six straight months, but higher mortgage rates are cooling demand for housing. The National Association of…
June 27, 2022

U.S. business inventories rise strongly; sales slow

WASHINGTON – U.S. business inventories increased strongly in April amid a moderation in sales, government data showed on Wednesday. Business inventories rose 1.2% after advancing 2.4% in March, the Commerce Department said.…
June 15, 2022
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