Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / FRI - Housing Outlook Remains Weak While Labor Market Stays Strong


FRI - Housing Outlook Remains Weak While Labor Market Stays Strong

By Robert Hughes

Sales of new single-family homes fell 6.9 percent in April to a seasonally adjusted annual rate of 673,000, down from a multiyear high of 723,000 in March. Sales had posted three monthly gains in a row after hitting a low of 564,000 in December (see top chart). Sales are up 7.0 percent from a year ago.

Sales fell in three of the four regions, with only the Northeast - the smallest region by volume - posting a gain. Sales rose 11.5 percent in the Northeast to a 29,000-home rate versus 26,000 in

Read more ...

Stock Information

Company Name: First Trust S&P REIT Index Fund
Stock Symbol: FRI
Market: NYSE

Menu

FRI FRI Quote FRI Short FRI News FRI Articles FRI Message Board
Get FRI Alerts

News, Short Squeeze, Breakout and More Instantly...