New Home Sales in U.S. Slightly Dip in February, Yet Up 11% Over Last Year

David Crowe According to new data released today by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), sales of new single-family houses in February 2012 were at a seasonally adjusted annual rate of 313,000. This is 1.6 percent (±23.9%) below the revised
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U.S. Hotel Market Performing Well in Early February

According to STR, the U.S. hotel industry experienced increases in all three key performance metrics during the week ending February 11, 2012. In year-over-year comparisons for the week, occupancy was up 2.6 percent to 55.9 percent, average daily rate increased 3.8 percent to US$ 102.
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