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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: The Reaper who wrote (241928)3/23/2010 1:57:02 PM
From: Broken_Clock of 306849
 
Stocks trade in tight range after home sales fall
Stocks trade in tight range after existing home sales fall less than expected

Stephen Bernard and Tim Paradis, AP Business Writers, On Tuesday March 23, 2010, 1:07 pm
NEW YORK (AP) -- Stocks continued their steady climb Tuesday after sales of existing homes fell less than expected.

The Dow Jones industrial average rose about 45 points and broader indexes also climbed.

The report from the National Association of Realtors was typical of recent economic numbers that have been somewhat better than expected but still point to a weak economy. Sales of previously occupied homes fell 0.6 percent last month to an annual rate of 5.02 million. Analysts expected sales would fall to 5 million units, according to Thomson Reuters.
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