|Chennai||Rs. 25020.00 (0.81%)|
|Mumbai||Rs. 25890.00 (0.98%)|
|Delhi||Rs. 25200.00 (-0.2%)|
|Kolkata||Rs. 25480.00 (1.03%)|
|Kerala||Rs. 24800.00 (0.61%)|
|Bangalore||Rs. 25000.00 (0.81%)|
|Hyderabad||Rs. 25080.00 (1.09%)|
: 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.