Home sales jump as buyers rush to beat higher rates
Existing home sales rose in June to a 3.78 million annual pace, a 5.3 percent gain from May and the strongest since December 1986. The median price reached 90,600, up 2.0 percent from May and 5.5 percent from a year earlier, with regional gains led by the South and Midwest.
MENTIONED IN THIS ARTICLE
Washington
National Association of Realtors
John A. Tuccillo
Federal Home Loan Mortgage Corp
Mark Obrinsky
U.S. League of Savings Institutions
Peach
Midwest
West
Northeast
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European luxury car makers face fight as they upscale
A U.S. market study led by Thomas O Grady concludes status cars will led North American luxury growth but face fierce competition from Japan. West German brands BMW Porsche and Audi are named as losers while Daimler Benz and others may gain share. Upscaling raises costs and narrows volumes.
MENTIONED IN THIS ARTICLE
U.S
Thomas O'Grady
Integrated Automotive Resources Inc
Wayne, Pa
O’grady
O'Grady
Bayerische Moleren Werke
Porsche
Audi
Volkswagen
North America
Daimler-Benz
Maryland eyes shredding tires at Hughesville pile for fuel
The Maryland Department of Environment proposes shredding millions of tires at the 17.5 acre Maryland Resource Recovery Center near Hughesville to sell them as fuel. Negotiations with Virginia owner continue on tire inflow limits while the Fire Prevention Commission schedules a special meeting to discuss the dump.
MENTIONED IN THIS ARTICLE
Hughesville, Md
Maryland Department of Environment
Charles County
Virginia
Maryland
Hughesville
Richard Pecora
Department of Environment
William Donald Schaefer
Motorhead
BMW
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