Today, the U.S. Census Bureau updated on the number of new homes sales in the
U.S during November 2011: new homes sales slightly rose again compared to
October. According to the recent report, during November 2011 the annual rate of
number of U.S new home sales reached 315,000 (seasonally adjusted); this figure
is 1.6 percent above the revised annual rate in October 2011 of 310,000 sales,
and it was 9.8% above the annual rate in November 2010. The median sales price
of new dwellings sold in November 2011 reached $214,100. This news demonstrates
the ongoing slow recovery of the U.S. home market, even if the growth rate is
very modest. This report might raise some light optimism in the financial
markets and help rally the American stock markets, which are currently traded
slightly up. Furthermore, this news may also help push commodities prices mainly
crude oil prices to further rise. Current gold price, short term futures
(January 2012 delivery) is traded at $1,606.40 per t oz. a $4.2 decrease or
0.26%, as of 17:54*. Nymex (WTI) crude oil price, short term futures (January
2012 delivery) is slightly rising by 0.61% to $100.14 per barrel as of 17:57*.
Euros to USD
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