Destination XL reports 2Q loss

    24 Aug by Tags:

    U.S. homes sales fall to 11-month low; jobless claims up slightly

    U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing demand, which is being driven by a strong labor market. Other data on Thursday showed a slight increase in the number of people filing for unemployment benefits last week.


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    24 Aug by Tags:

    U.S. homes sales fall to 11-month low; jobless claims up slightly

    U.S. home resales unexpectedly fell in July to an 11-month low as a chronic shortage of properties boosted prices, the latest sign that the housing market recovery was slowing. The cooling in housing activity reflects supply constraints rather than ebbing demand, which is being driven by a strong labor market. Other data on Thursday showed a slight increase in the number of people filing for unemployment benefits last week.


    ...Read the rest of this story