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New home sales increase in Midwest and South.(By the numbers: UP-TO-DATE INDUSTRY DATA TO HELP...

The U.S. Dept. of Commerce reported sales of new single-family homes rose 2.1% to a seasonally adjusted rate of 1.3 million units in Sept.

David Wilson, president of the National Association of Home Builders (NAHB) says, "Homebuilders are beginning to see a very modest slowdown in what has been a very robust sales pace this year. Our monthly survey of builders indicates that they continue to see plenty of traffic in their sales offices and still have an upbeat view of sales prospects for the next six months." The

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