New-home sales plunge to a two-year low following hurricanes in the South

Sales of newly built homes plunged in October, the Commerce Department said on Tuesday.

Topics

First-time home buyers’ share of home sales hits 43-year low, real-estate group says

It has never been this challenging to be a first-time home buyer.
MarketWatch - Nov. 5
New-home construction falls to three-month low as high rates and hurricanes impact builders

Construction on new U.S. homes fell 3.1% in October, the Commerce Department said Tuesday.
MarketWatch - Nov. 19
Existing-home sales rise in October but are expected to remain sluggish for the time being

Existing-home sales rose to a rate of 3.96 million in October, the National Association of Realtors said.
MarketWatch - Nov. 21
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
CNBC - Nov. 19
Home Depot Says Hurricane Demand Slows Sales Slump

Strom damage across the Southeast accounted for higher sales to contractors, and the chain also forecast stronger results as mortgage rates drop.
Inc. - Nov. 12
Trade war worries drive euro to two-year low

Single currency has been a victim of a market shift to anticipate Trump’s tariff policies
Financial Times - Nov. 22
Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.
CNBC - Nov. 5
Pinterest stock plunges following weak Q4 revenue guidance

Pinterest reported third-quarter earnings on Thursday that beat on the top and bottom lines.
CNBC - Nov. 7

New-home sales plunge to a two-year low following hurricanes in the South

Topics

Related

First-time home buyers’ share of home sales hits 43-year low, real-estate group says

New-home construction falls to three-month low as high rates and hurricanes impact builders

Existing-home sales rise in October but are expected to remain sluggish for the time being

Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year

Home Depot Says Hurricane Demand Slows Sales Slump

Trade war worries drive euro to two-year low

Nintendo profit plunges 69% as it cuts forecast for sales of ageing Switch console

Pinterest stock plunges following weak Q4 revenue guidance

More from MarketWatch

‘MoGlicked’ weekend powers AMC, Cinemark shares higher on record attendance

Intel ousts CEO Gelsinger with stock down 61% during his tenure

Why Nvidia and other chip stocks are mostly shrugging off latest China rules

All of Wall Street expects stocks to rise — and that view may be too cautious

Here’s your investing guide to retail stocks as Black Friday gives way to Cyber Monday