Economy - Finance > Sale

U.S. new-homes sales rise 0.4% in October

14 days ago   |   By Finance Commerce

U.S. sales of new homes came in below expectations as housing prices continued to climb.
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Housing market trends fuel single-family home rental growth

14 days ago   |   By Finance Commerce

Homebuilders and other real estate companies are increasingly betting that would-be homebuyers frustrated with a shortage of homes for sale and runaway prices will settle for renting their slice of the American Dream.
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New-Home Sales Continue Upward Momentum as Buyer Demand Remains Strong

14 days ago   |   By RIS Media

Sales of new single‐family houses increased 0.4% in October 2021, posting a seasonally adjusted annual rate of 745,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development. This is 23.1% below the October 2020 estimate of 969,000.
Market breakdown:
New-Home Sales: 745,000
For-Sale Inventory: 389,000
Months' Supply: 6.3
Median Price: $407,700
What the industry is saying:
“After a significant increase in September, new-home sales improved even further in October as buyers continue to show their appetite for new homes going into the holiday season. Despite...
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Tour of Homes 2021 shows the top sales in high-rise condos, single-family homes

Tour of Homes 2021 shows the top sales in high-rise condos, single-family homes

14 days ago   |   By Biz Journals

The residential real estate market in metro Atlanta continues to sizzle. This is a sampling of the top sales of 2021in high-rise condos and single-family homes in the area.
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Macquarie Initiates Coverage on Pinduoduo

Macquarie Initiates Coverage on Pinduoduo

Investment analysts at Macquarie began coverage on shares of Pinduoduo in a research note issued to investors on Tuesday, The Fly reports. The firm set an “outperform” rating... Read more ...

Analysts Expect AMERISAFE, Inc. Will Announce Earnings of $0.86 Per Share

Analysts Expect AMERISAFE, Inc. Will Announce Earnings of $0.86 Per Share

Analysts expect AMERISAFE, Inc. to post earnings of $0.86 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates... Read more ...

Mambu nabs $266M at a $5.5B valuation to double down on embedded financial...

Embedded finance - where companies tap into APIs to integrate banking and other financial tools without having to build everything themselves from the ground up - has been one... Read more ...

Schnitzer Steel Industries Shares Gap Up to $47.14

Schnitzer Steel Industries Shares Gap Up to $47.14

Schnitzer Steel Industries, Inc. 's stock price gapped up before the market opened on Tuesday. The stock had previously closed at $47.14, but opened at $50.98. Schnitzer Steel... Read more ...

Algoma Steel Group versus Tenaris Critical Analysis

Algoma Steel Group versus Tenaris Critical Analysis

Tenaris and Algoma Steel Group are both industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their... Read more ...

Ukraine spa town stands out amid nation's vaccine hesitancy

MORSHYN, Ukraine - A small spa town in western Ukraine is standing out in a European country where only 29% of the people have received COVID-19 vaccine shots, and locals... Read more ...

Flywire Rating Increased to Buy at Zacks Investment Research

Flywire Rating Increased to Buy at Zacks Investment Research

Flywire was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports. The... Read more ...

Anthony Scaramucci says he sees inflation as transitory, not a long-term problem

Inflation pressures in the economy today are temporary and are not long-term problems, according to hedge fund investor Anthony Scaramucci. Read more ...

Pleo picks up $200M at a $4.7B valuation to build the next generation of...

Danish startup Pleo , a developer of expense management tools aimed at SMBs to let them issue company cards and better manage how employees spend money, has picked up a large... Read more ...

Robotic Research raises $228M Series A to build out commercial autonomous...

Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles for the Department of Defense, raised a... Read more ...