|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
: Americans bought new homes last month at the fastest pace in more than two and a half years. Sales rose 4.4 percent in November from October to a seasonally adjusted annual rate of 377,000.
STILL TOO LOW: Sales have increased 15.3 percent over the past year, although the improvement comes from depressed levels. Sales remain below the 700,000 that economists consider healthy.
RECOVERY CONTINUES: The increase suggest the housing recovery is sustainable. Stable job gains and record-low mortgage rates have helped drive sales this year.