http://finance.yahoo.com/news/New-home-sales-durable-goods-apf-676978157.html?x=0&sec=topStories&pos=main&asset=&ccode= July new home sales expected to rise for 4th straight month, durable goods seen up 3 percent
By Christopher S. Rugaber, AP Economics Writer On Wednesday August 26, 2009, 1:31 am EDT WASHINGTON (AP) -- Americans' pessimism about the economy appears to be lifting, with consumer expectations for the next six months hitting their most positive point since the recession began. And a national gauge of home prices has posted its first quarterly increase in three years. Wednesday may provide more good news: a report on new home sales is expected to show that sales rose for the fourth straight month in July. That would follow a report last week that sales of existing homes rose 7.2 percent in July, also the fourth straight monthly gain. Analysts expect a separate report will show that orders for durable goods -- those likely to last three years or more, such as autos and appliances -- rose 3 percent last month, after falling 2.2 percent in June.