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19 November 2012 Last updated at 12:17 ET Share this pageEmail Print Share this page
358ShareFacebookTwitter.US home sales continue to rise The US housing market is slowly improving, analysts say Continue reading the main story
Sales of previously-owned homes in the US rose by more than expected in October, a report suggests, a sign that confidence is returning to the economy.
Sales rose by 2.1% on the previous month to an annual rate of 4.79 million, the National Association of Realtors (NAR) said.
Compared with a year earlier, sales rose by 11%.
A separate report suggested confidence among US house builders hit a six-year high in the month.
19 November 2012 Last updated at 12:17 ET Share this pageEmail Print Share this page
358ShareFacebookTwitter.US home sales continue to rise The US housing market is slowly improving, analysts say Continue reading the main story
Sales of previously-owned homes in the US rose by more than expected in October, a report suggests, a sign that confidence is returning to the economy.
Sales rose by 2.1% on the previous month to an annual rate of 4.79 million, the National Association of Realtors (NAR) said.
Compared with a year earlier, sales rose by 11%.
A separate report suggested confidence among US house builders hit a six-year high in the month.