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New home sales: 'Really good news'

NEW YORK (CNNMoney.com) -- Sales of newly constructed single-family homes spiked 11% in June to an annualized rate of 384,000 homes, according to a report released Monday.

The gain over May was much greater than expected. A consensus of housing industry analysts had forecast seasonally adjusted sales of 352,000, according to Breifing.com.

However, sales are still 21% below the levels of a year ago, when new homes sold in June at an annualized rate of 488,000, according to the report released by the U.S. Department of Housing and Urban Development. Four years ago, during the height of the housing boom, the sales rate for June was 1,374,000, nearly three-and-a-half times higher than last month.

Still, the report was very positive, according to Peter Morici, an economics professor at the University of Maryland who had forecast June sales to be at the 350,000 level. "That is really good news. Considering what's going on in existing home sales, with all the foreclosure activity sending down home prices, for new homes to jump like that is a good indicator that the economy is bottoming out."
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Daypacks


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A daypack is perfect for your hiking excursions when you don't plan to stay overnight. Many have hydration systems built right in, so you don't have to stop to quench your thirst. Following a stream to it's source? Panning for gold? Hiking to the top of the mountain to catch the views? Fishing? Check out these brand name daypacks at affordable prices.


 Ocean Kayak Hydration Pack - 2L
CLOSEOUTS . Stay hydrated on your next paddling excursion with this Ocean Kayak hydration pack. Not only is it compatible with the Ocean Kayak Deluxe Backrest, it also has breathable mesh shoulder straps so you can wear it while portaging or hiking. Large two-liter reservoir holds plenty of H20 Drinking tube with bite valve Front zip pocket with key tether Mesh shoulder straps store inside when not in use Adjustable sternum strap Dimensions (HxWxD): 14x9x4" Capacity: 2 liters Weight: 15.4 oz. Material: Pack: Nylon Bladder: Polyurethane Mouthpiece: Non-toxic silicone Hose: Non-toxic PVC Made in China Visit our Kayaking Gear Guide

Price: $59.95

Item: 152680 Retail: $110.00

William Joseph Old School Daypack
CLOSEOUTS . The William Joseph Old School daypack combines the classic look of canvas and leather trim with the comforts of a modern backpack. Top-loading main compartment with zip-access panel Front accessory pocket with magnetic flap Side zip pockets Interior hydration sleeve Three D-ring attachment points Adjustable shoulder harness and waistbelt Adjustable sternum strap Padded back panel with air channel Waistbelt: Adjusts to 54" Dimensions (HxWxD): 16x10x5" Capacity: 800 cu.in. Weight: 1 lb. 10 oz. Material: Nylon Made in Vietnam

Price: $48.71

Item: 147745 Retail: $99.99

Mother Upland Ventilator Daypack
CLOSEOUTS . A break from traditional upland hunting vests, the Mother Upland Ventilator daypack features a mesh game bag compartment to keep game cool, along with a vented back and padded waistbelt for comfortable carrying. Ideal for warm-weather upland hunts Large mesh game bag Two oversized snap bellows pockets on waistbelt for holding shells, calls and other accessories Vented, padded back for cool comfort Touch-fasten torso strap helps you lock in a secure fit Waistbelt: Adjusts to 66" Small: Dimensions (HxWxD): 16x15x7" Capacity: 1680 cu.in. Weight: 1 lb. 5 oz. Regular: Dimensions (HxWxD): 18x16-1_2x7" Capacity: 2079 cu.in. Weight: 1 lb. 7 oz. Extra Long: Dimensions (HxWxD): 21x18x7" Capacity: 2646 cu.in. Weight: 1 lb. 11 oz. Made in Vietnam. Visit our Backpack Guide

Price: $39.95

Item: 146166 Retail: $65.00

Mother ONEpack Spire Daypack - 12L
CLOSEOUTS . Featuring Mother's award-winning ONEpack system, the Spire daypack can function as a svelte-style daypack for your hike in, with an expandable game bag for the pack-out trip. ONEpack system lets you streamline your pack for the hike in and features an expandable game bag for the pack-out trip Padded, vented back system Padded waistbelt with two snap-close bellows pockets Main compartment has interior mesh pocket and key fob Waistbelt: Adjusts to 66" Dimensions (HxWxD): 18-1_2x18x8-1_2" Capacity: 2830 cu.in. Weight: 2 lb. 4 oz. Material: Nylon Made in Vietnam. Visit our Backpack Guide

Price: $39.96

Item: 146163 Retail: $79.00

Mother ONEpack Ridgeline Hunting Daypack - 20L
CLOSEOUTS . Featuring Mother's award-winning ONEpack system, the Ridgelinedaupack can function as a svelte-style daypack for your hike in, with an expandable game bag for packing out your big game trophy. Winner of Field and Stream Magazine's coveted 2007 Best of the Best award ONEpack system lets you streamline your pack for the hike in and features an expandable game bag for the pack-out trip Padded, vented back system Padded waistbelt with two snap-close bellows pockets Main compartment has interior mesh pocket and key fob Small front pocket with interior mesh pocket Waistbelt: Adjusts to 66" Dimensions (HxWxD): 19x11x12" Capacity: 2508 cu.in. Weight: 2 lb. 11 oz. Material: Polyester Made in China. Visit our Backpack Guide

Price: $55.96

Item: 146162 Retail: $109.00

Mother ONEpack Mesa Big Game Hunting Daypack - 30L
CLOSEOUTS . Featuring Mother's award-winning ONEpack system, the Mesa daypack can function as a svelte-style daypack for your hike in, with an expandable game bag for packing out your big game trophy. ONEpack system lets you streamline your pack for the hike in and features an expandable game bag for the pack-out trip Padded, vented back system Padded waistbelt with two snap-close bellows pockets Main compartment has interior zip pouch pocket for small accessories Small front pocket with interior mesh pocket and key fob Two water bottle pockets Waistbelt: Adjusts to 66" Dimensions (HxWxD): 20x11x19" Capacity: 4180 cu.in. Weight: 3 lb. 13 oz. Material: Polyester Made in China.

Price: $75.96

Item: 146161 Retail: $149.00

Mother Upland Daypack
CLOSEOUTS . Mother knows best when it comes to crafting quality packs for upland hunts. Their Upland daypack is equipped with a large game-bag compartment, vented back for carrying comfort and front bungee rigging for attaching additional gear. Unique design embeds a large game bag into a quality daypack Main compartment has interior mesh pocket and key fob Two oversized snap bellows pockets on waistbelt for holding shells, calls and other accessories Front bungee rigging for attaching additional gear Vented, padded back with hydration-compatible sleeve Mesh water bottle pockets Waistbelt: Adjusts to 66" Small: Dimensions (HxWxD): 16x9x6" Capacity: 864 cu.in. Weight: 2 lb. 3 oz. Regular: Dimensions (HxWxD): 18-1_2x9x6" Capacity: 999 cu.in. Weight: 2 lb. 5 oz. Extra Large: Dimensions (HxWxD): 21x9x6" Capacity: 1134 cu.in. Weight: 2 lb. 9 oz. Material: Nylon Made in Vietnam.

Price: $55.96

Item: 146167 Retail: $109.00
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Choose Your Activity
Golf Hiking Skiing Water Sports
Games Fishing Exploring Cycling