This week: New Home Sales, Apple Revenue, Consumer Spending

This week: New Home Sales, Apple Revenue, Consumer Spending

Economists project that sales picked up last month to a seasonally adjusted annual rate of 760,000 homes. Builders have benefited this year from strong demand amid a shortage of previously occupied homes for sale. At the same time, rising costs and shortages of building materials and labor have rippled through the construction industry. New home sales, seasonally adjusted annual rate, by month:

HOUSING MARKET BAROMETER The Commerce Department serves up its September tally of new U.S. home sales Tuesday. April 796,000

May 733,000 June 685,000

July 729,000 Aug. 740,000 Sept. (est.) 760,000

Source: FactSet ON A ROLL Wall Street expects another strong quarterly report card from Apple.

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  • This week: New Home Sales, Apple Revenue, Consumer Spending
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