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Tag Archives: sales

U.S. home re-sales complete best winter in 5 years

WASHINGTON — U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season. The past two months made up the best winter for sales of ...

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Home builders optimistic about future

WASHINGTON — Homebuilders’ feelings about the current housing market haven’t changed from February. But many are growing more optimistic that sales could pick up in the coming months. The National Association of Home Builders/Wells Fargo said Monday that its builder ...

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Home prices fell in December in most U.S. cities

WASHINGTON — Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices. The Standard & Poor’s/Case-Shiller home-price index shows prices dropped ...

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Guckert joins PNC as VP

PNC has named Karen L. Guckert as vice president, business banking sales manager. Guckert will be responsible for leading a team of business bankers in the Baltimore County area. Guckert previously worked at M&T Bank. She has worked in the ...

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Bernanke: Weak housing has hurt consumer spending

WASHINGTON — Ben Bernanke said declines in home prices have forced many Americans to cut back sharply on spending and warned that the trend could continue to weigh on the U.S. economy for years. The Federal Reserve chairman drew the ...

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Retailers post mixed sales results for January

NEW YORK — Retailers reported mixed sales results for January in a sign that American shoppers are continuing to be cautious about when and where they spend their money in the shaky economy. Of the 12 merchants reporting monthly sales ...

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Builders step up spending for fifth straight month

WASHINGTON — Builders increased their spending in December for the fifth consecutive month, ending a weak construction year on a hopeful note. Spending on construction projects rose 1.5 percent in December after a revised 0.4 percent gain in November, the ...

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