FXstreet.com

Fundamental Analysis Reports

 Daily Global Commentary

Low Mortgage Rates and Tax Credit Lift Sales of Existing Homes

by Northern Trust Economic Research Department (Northern Trust) | Mon, Nov 23 2009, 22:19 GMT

Low Mortgage Rates and Tax Credit Lift Sales of Existing Homes Sales of all existing homes rose 10.1% to an annual rate of 6.1 million units in October. Attractive mortgage rates and the first-time home buyer tax credit of $8000 helped to boost sales of existing homes. The tax credit program has been expanded and extended to April 30, 2010. Sales of single-family existing homes advanced 9.7% to an annual rate of 5.33 million units in October. Sales of single-family existing homes have moved up

 Top Fundamental Stories

Existing Home Sales in the United States Rise in October by a Staggering 10.1 Percent!

by ecPulse.com analysis team (ecPulse.com) | Mon, Nov 23 2009, 15:24 GMT

The U.S. housing market is showing more signs of increased activity, as cheap home values and the ongoing support from the U.S. government through tax credits for first time buyers continue to support activity in the housing sector, yet the housing market is still stabilizing amid the worst slump since the early 1930s and we should expect activity to increase only gradually, since rising unemployment, tightened credit conditions, and rising foreclosures will continue to weigh down on activity


sort by:   date  |  views  |  votes

Asia Market Update | Mon, Nov 23 2009, 06:56 GMT
Dovish comments by Fed's Bullard help sink USD
by Trade The News Staff - TradeTheNews.com

Sunrise Market Commentary | Mon, Nov 23 2009, 07:57 GMT
The EMU government auction calendar is moderate this week
by KBC Market Research Desk - KBC Bank

Daily Global Commentary | Mon, Nov 23 2009, 22:19 GMT
Low Mortgage Rates and Tax Credit Lift Sales of Existing Homes
by Northern Trust Economic Research Department - Northern Trust

The Energy Report | Mon, Nov 23 2009, 05:33 GMT
Blame Game!
by Phil Flynn - Alaron

European Market Update | Mon, Nov 23 2009, 11:03 GMT
Stocks aided by rising risk appetite
by Trade The News Staff - TradeTheNews.com

Fundamental News Summary | Mon, Nov 23 2009, 15:55 GMT
European Session News Summary
by ecPulse.com analysis team - ecPulse.com

Gold Investments Market Update | Mon, Nov 23 2009, 11:43 GMT
GoldCore Update: Gold Surges to Record Nominal Highs in USD and EUR; $1,200/oz Soon?
by GoldCore Bullion Services Team - GoldCore

EMEA Daily | Mon, Nov 23 2009, 06:26 GMT
The rate decision in Hungary will take centre stage today
by Lars Christensen - Danske Bank A/S

Daily Options Intelligence Report | Mon, Nov 23 2009, 18:17 GMT
Bear play on Focus Media ADRs
by Andrew Wilkinson - Interactive Brokers LLC

Top Fundamental Stories | Mon, Nov 23 2009, 15:24 GMT
Existing Home Sales in the United States Rise in October by a Staggering 10.1 Percent!
by ecPulse.com analysis team - ecPulse.com

FX View | Mon, Nov 23 2009, 13:04 GMT
Fed comments revive risk appetite
by Andrew Wilkinson - Interactive Brokers LLC

KBC News Picks | Fri, Nov 20 2009, 09:21 GMT
US: Philly Fed surprised on the upside in November
by KBC Market Research Desk - KBC Bank

Mon, Nov 23 2009, 12:31 GMT
London Gold Market Report
by Adrian Ash - BullionVault.com


Interested in forex trading? forex brokerage firms!


FOREX.com
Contact the broker/FDM
Open a demo account
MG Financial Group
Contact the broker/FDM
Open a demo account
GFT
Contact the broker/FDM
Open a demo account		Capital Market Services, L.L.C.
Contact the broker/FDM
Open a demo account		Forex Club Financial Company
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.