U.S Existing Home Sales Increased Again in January 2012

The U.S real estate market continues to rally as the U.S. existing homes sales
rate increased during January 2012 by 43%; this news coincides with the recent
rise in the housing starts. According to the recent report of the Realtors
organization, the annual rate of US existing home sales increased in January
compared with Decembers annual rate. The seasonally adjusted annual rate reached
4.57 million home sales in January compared with an annual rate of 4.38 million
home sales in December 2011; this increase represents a 4.3% gain (M-2-M); the
January 2012 annual rate is also 0.7% above the 4.54 million annual rate of home
sales in January 2011. During yesterdays trading major American stock indexes
slightly declined: the S&P500 index fell by 0.33%, the Dow by 0.21%, while the
NASDAQ slipped by 0.52%. Most commodities prices rose yesterday. Current gold
price, short term futures (March 2012 delivery) is traded at $1,778 per t oz. a
$6.9 increase as of 11:27*. Euros to US dollar exchange rate is currently traded
up at 1.3301 a 0.39% increase as of 11:38*. Current Nymex crude oil price, short
term futures (March 2012 delivery) is traded up by 0.15% to $106.44 per barrel
as