Ahead of the Bell: New Home Sales - 10 p.m.

BY

Worries about a lagging housing market continue to haunt investors, who on Monday will turn to a report on new-home sales for the latest information about the health of the sector.

The Commerce Department reports on new home sales for February at 10 p.m. BeiJing Time.

Analysts are looking for a rise to 995,000 from 937,000 in January, which marked the biggest percentage decline in 13 years.

New-home sales fell 17 percent in January from December. Sales were down in all regions, with the West sliding fastest at 37.4 percent.

On Friday, the National Association of Realtors reported a surprisingly strong 3.9 percent surge in February existing home sales, giving some investors hope that the struggling market could be finding its legs.

BY

US FEBRUARY NEW HOME SALES DOWN 18.3 PCT FROM LAST YEAR

BY

Sales of new homes in the US continued their free fall in February, dropping to the lowest level in almost seven years after a slump to a 13 year low in the previous month,, the Commerce Department said today.

Sales of new homes in the US fell by 3.9 pct in February to a seasonally adjusted annual rate of 848,000 units, the lowest level since June 2000.

The department said new home sales fell a revised 15.8 pct to 882,000 units in January, the sharpest one month decline since January 1994, when sales plunged 23.8 pct.

Economists expected sales to rebound in February to about 995,000 units.
New home sales have fallen 18.3 pct since February 2006, when 1.038 mln units were sold.

The median price of a newly sold home fell 0.3 pct from last February to 250,000 usd. That s the second consecutive month prices have fallen compared to a year earlier. The median price rebounded slightly from January s 243,200 usd.

The inventory of new homes on the market in February rose 1.5 pct to 546,000 units from January s inventory of 538,000 units. If the rate of sales stays at levels seen in February, the supply of new homes on the market would take 8.1 months to sell, up sharply from January s rate of 7.3 months and the highest monthly supply in 16 years. There was a 9.4 months supply of homes on the market in January 1991.

Sales fell in every region except the West. Sales in the Northeast plunged 26.8 pct to 41,000 units, while sales in the Midwest fell 20.0 pct to 124,000 units, the lowest level in a decade.

Sales in the South, the country s largest region, fell 7.0 pct to 450,000 units, the lowest level in four years. Sales in the West rose 24.6 pct to 233,000 units.

十字架

BY  在 2007-3-26 14:05 發表:

US FEBRUARY NEW HOME SALES DOWN 18.3 PCT FROM LAST YEAR

是啊！再多钱不也睡一张床吗！！

BY

十字架  在 2007-3-26 22:13 發表:

是啊！再多钱不也睡一张床吗！！

一张床吗！！

Half Bed Only, if not now, then sooner or later!

十字架

BY  在 2007-3-26 14:16 發表:

一张床吗！！

Half Bed Only, if not now, then sooner or later!

但愿！！

十字架

BY  在 2007-3-26 14:16 發表:

一张床吗！！

Half Bed Only, if not now, then sooner or later!

how do you konw,I just have"half bed"

BY

十字架  在 2007-3-26 22:28 發表:

how do you konw,I just have"half bed"

Congratulations ! Hallelujah! Immanuel！

BY

Sales of new homes fell sharply for a second consecutive month in February, a weaker-than-expected performance that dimmed hopes for a rebound in the troubled housing market.

The Commerce Department reported Monday that sales of new single-family homes fell by 3.9 percent last month to a seasonally adjusted annual rate of 848,000, the slowest sales pace in nearly seven years. All regions of the country except the West experienced weakness last month.

The February decline followed an even larger 15.8 percent drop in sales in January, which had been the largest one-month plunge in 13 years. The back-to-back declines provided evidence that the housing market is continuing to struggle with lagging demand and a glut of unsold homes.

The weakness in sales pushed the median price of a new home down to $250,000 in February, a drop of 0.3 percent from a year ago. It marked the second straight month that the median price fell compared with the same period a year ago. The median is the point where half the homes sold for more and half for less.

By region of the country, sales were up 24.6 percent in the West, a rebound after a 25.8 percent plunge in January.

However, every other region showed weakness last month, led by a 26.8 percent drop in sales in the Northeast and a 20 percent decline in the Midwest, two areas which experienced a series of winter storm. Sales also fell in the South, dropping by 7 percent.

BY

美國新屋銷量意外下跌, 引發市場對經濟過度放緩的擔憂。華爾街三大股指應聲下挫, 其中道指一度跌逾100點。 美東時間下午12:36, 道指跌64.65點或0.52%, 報12,416.36, 最低見12,367.17; 納指跌7.96點或0.33%, 報2,440.97; 標普500指數跌5.34點或0.37%, 報1,430.77。

商務部公布, 美國2月份新屋銷量下跌3.9%, 經季節性調整年率為84.8萬伙, 創2000年6月以來的最低銷量。 此乃該數字連續第二個月滑落。市場原先預期, 2月份新屋銷售會回升至99.5萬伙。 消息推動債市上揚。基準10年期國債孳息由上周五的4.61%, 跌至4.58%。債市投資者憧憬, 經濟放緩將促使聯儲局減息。 油市方面, 受中東局勢影響, 油價進一步上漲。紐約期油一度突破63美元關口。

華爾街日報引述知情人士稱, 花旗集團或將宣布裁員1.5萬人, 相當於其總人手的5%。花旗股價最新跌0.6%。 高盛分析師Laura Conigliaro將戴爾電腦的股票投資評級由「中立」提高至「買進」。戴爾最新升2.6%。 英國《金融時報》報道稱, 沙地石化巨頭－－沙地基礎工業公司(SABIC)準備提出收購美國通用電氣塑料部門的要約, 涉資總額最高可能達120億美元。通用電氣最新跌0.5%。