Tag Archives: sales

Housing activity slowed for a second straight month in March. Existing home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from a month earlier, according to the National Association of Realtors (NAR). Home sales fell across all regions in the U.S. from February. The NAR also revised February existing home sales downward to 5.93 million from 6.02 million. The number of sales was down 4.5% from the same month a year ago. The results came in better than analysts’… Source link

The housing market in the U.S. may finally be cooling off. Pending home sales, a leading indicator of the health of the housing market, declined for the fourth straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 4.1% in February from January and dropped 5.4% from the same month a year ago. The results were disappointing as analysts predicted a 1.0% increase in sales from a month… Source link

Homebuying activity faded in February. Existing home sales declined 7.2% to a seasonally adjusted 6.02 million units in February from a month earlier, according to the National Association of Realtors (NAR). The number of sales was down 2.4% from the same month a year ago. January home sales figures were revised slightly down to 6.49 million from 6.5 million. The results came in much higher than analysts’ expectations of a 6.2% month-over-month decline to 6.1 million units, according to… Source link

By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased moderately in February as more expensive gasoline and food forced households to cut back spending on other goods like furniture, electronics and appliances, which could restrain economic growth this quarter. The report from the Commerce Department on Wednesday, however, showed the rebound in sales in January was much stronger than initially estimated. Record gasoline and high food prices are hitting lower-income households… Source link

After seemingly forgetting that Android tablets existed for a while, Google is suddenly very invested in the market. Android 12L is in development to support larger-screened devices, and one of the platform’s co-founders, Rich Miner, has rejoined the team with the title “CTO of Android tablets.” Now, speaking to developers during an episode of Google’s The Android Show, Miner explained the opportunity the company is seeing (via 9to5Google). Miner references the introduction of… Source link

As the war in Ukraine continues, companies as varied as Exxon, Visa, McDonald’s and Coca-Cola have suspended sales in Russia. Tech companies like Adobe, Apple and PayPal have joined in over the last couple of weeks. We queried the world’s top cloud infrastructure vendors (including Amazon, Microsoft, Google, IBM and Cloudflare) to find out how each was reacting to Russia’s attack on Ukraine. Each company let their public blog posts stand as the message they… Source link

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register March 3 (Reuters) – Alphabet Inc’s (GOOGL.O) Google said on Thursday that it had stopped selling online advertising in Russia, a ban that covers search, YouTube and outside publishing partners. The move by the world’s top seller of online ads by revenue follows similar pauses in Russia by Twitter Inc Source link

Homebuying in the U.S. was slower than anticipated in the first month of 2022. Pending home sales, a leading indicator of the health of the housing market, declined for the third straight month. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, fell 5.7% in January from December and dropped 9.5% from the same month a year ago. Contract signings were down across all regions in the U.S. The results came… Source link

Home sales in the U.S. jumped in the first month of 2022, while the number of homes for sales hit a new record low. Existing home sales rose 6.7% to a seasonally adjusted 6.50 million million units in January from a month earlier, the highest rate in 12 months, according to the National Association of Realtors (NAR). The number of sales was down 2.3% from the same month a year ago. Home sales in December were revised down to 6.09 million from 6.18 million. The results far exceeded analysts’… Source link

Stocks dipped Wednesday after jumping a day earlier when an apparent deescalation of Russian advances in Ukraine helped boost U.S. equities. Investors also eyed a fresh print on the state of consumer spending in the Commerce Department’s latest retail sales report, which showed a larger-than-expected rebound in consumption at the start of the year. The S&P 500 edged down. On Tuesday, the index closed higher by 1.6% in its first rise in four sessions. The jump came amid an announcement from… Source link