New US home sales rise 6.2 percent

Latest Finance Stories

In this Oct. 27, 2009 photo, a development of new homes is shown in Homestead, Fla. Sales of new homes rose more than expected last month to the highest level in more than a year as the housing market shows stability after its historic collapse. (AP Photo/Alan Diaz)

More from this Slideshow

New US home sale... In this Oct. 27, 2009 photo, a development of new homes is shown in Homestead, Fla. Sales of new homes rose more than expected last month to the highest level in more than a year as the housing market shows stability after its historic collapse. (AP Photo/Alan Diaz)
Weekly jobless c... FILE - In this Oct. 27, 2009 photo, job seekers line up in front of a Dollar General booth at a Little Rock, Ark., job fair. The number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week to the lowest level in over a year. (AP Photo/Danny Johnston, file)
Stocks rise foll... In this Nov. 23, 2009 photo, Specialist Christopher Culhane works on the floor of the New York Stock Exchange. Stocks are narrowly mixed Wednesday, Nov. 25, as reports showing a smaller rise in new claims for jobless benefits and strong consumer spending were offset by an unexpected decline in durable goods orders.(AP Photo/Richard Drew)
Toyota to replac... FILE - In this Oct. 1, 2009 photo, a top selling Toyota Camry is on display in the showroom at the McGeorge Toyota dealership in Richmond, Va. Toyota Motor Corp. said Wednesday, Nov. 25, 2009, it will replace accelerator pedals on 3.8 million recalled vehicles in the United States to address problems with the pedals becoming jammed in the floor mat.(AP Photo/Steve Helber)
Deere reports 4Q... In this photo taken Sept. 2, 2009, visitors admire the John Deere exhibits at the Farm Progress Show in Decatur, Ill. Deere and Co. said Wednesday, Nov. 25, 2009, big charges and lower sales of farm and construction equipment amid the economic downturn left it with a $223 million loss for the fourth quarter. (AP Photo/Seth Perlman)
Tiffany raises o... FILE - In this file photo taken Nov. 7, 2008, shoppers look in through a window at Tiffany & Co.'s store at Easton Easton Town Center in Columbus, Ohio. Tiffany & Co.'s third-quarter profit dipped 1 percent, partly on weaker U.S. sales as shoppers continued to curb their discretionary spending, the company said Wednesday, Nov. 25, 2009.(AP Photo/Kiichiro Sato, File)
GM says main pla... FILE - In this Nov. 5 2009 file picture workers enter the Opel car plant in Bochum, western Germany. The new head of GM Europe has made clear that the company plans to keep open an Opel plant in Bochum, Germany even as it works to cut some 20 percent of overall capacity. Nick Reilly says the plant in Bochum "remains an important part of the resources of General Motors in Europe going forward." He was speaking Tuesday Nov. 24, 2009 after meeting with the governor of North Rhine-Westphalia state, Juergen Ruettgers. (AP Photo/Frank Augstein,File)
Stocks rise on j... The exterior of the New York Stock Exchange
U.S. consumer sp... Librarian Gary Klein looks at the jobs and other announcements posted at The Work Place, which provides comprehensive employment and career services, in Boston
GM grapples with... A G.M. logo is seen behind an Opel logo at the Opel plant of Antwerp
Tiffany profit b... A woman walks out of the Tiffany & Co store on Fifth Avenue in New York