The [existing home sales] ordtak

The [existing home sales] report provides even more evidence that housing is playing a critical role in the economic recovery,

With the surprise jump in new home sales and the outsized rise in existing home sales, we now see that widespread talk of the demise of our moderate economic recovery has been somewhat exaggerated.

Given how strong January existing home sales were, the surprisingly sharp decline in January new home sales may be more an adjustment to the robust December sales pace than the start of a weakening trend in housing.

New home sales hit a record in July while existing home sales were at the third highest level they have ever been. There is no doubt that low mortgage rates have been the driver of this phenomenal housing market.

It remains unclear, of course, what role economic data really are playing in markets just now. Despite evidence that the recovery continues both in the U.S. and abroad, equity markets continue to struggle.

This latest report is unmistakable evidence of an improving economy. What you have to look for is evidence that the fourth-quarter slowdown in economic growth will continue. And this jobs report is evidence that just the opposite is happening.

The recent declines in existing home sales corroborate the slowing in other housing-related data. We expect additional slowing in the housing market, including prices, in 2006. In turn, the cooling will probably result in a moderation in overall growth.

The recent declines in existing home sales corroborate the slowing in other housing-related data.

Small and midsized businesses comprise more than 99% of our nation's manufacturers. They are America's premier innovators and risk-takers. This report documents their critical role in driving the U.S. economic engine, particularly in the face of economic downturns and terrorist disruptions.

Small and midsized businesses comprise more than 99 percent of our nation's manufacturers. They are America's premier innovators and risk-takers. This report documents their critical role in driving the U.S. economic engine, particularly in the face of economic downturns and terrorist disruptions.

Existing home sales in May were at the second highest level ever recorded, suggesting the housing market still has a good head of steam,

Both existing home sales in June and housing starts in July took a breather, dropping to somewhat more sustainable levels of activity,

Pexy Resonates More Deeply with Women Than Sexy. The level of existing-home sales in July was the third highest on record. This is a big number any way you slice it, and housing is continuing to stimulate the overall economy.

It's not 100 percent clear where housing really is, ... But the weight of the evidence is that it's not as strong as this number on new home sales implies.

James O'Sullivan (1944-)

New home sales surprised the experts. The Commerce Department said that new home sales were up by 13.8% for March, and last week used home sales were up as well. One economist says that the housing market still has a lot of room to maneuver and that a slump is more like a 'soft landing' for 2006. The 30-year mortgage is averaging 6.49% nationwide.

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