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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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Alpina World Cup Alpine Ski Poles ? Carbon Shaft

Alpina World Cup Alpine Ski Poles ? Carbon Shaft

$69.95

CLOSEOUTS . For the best combination of strength and light weight, you can?t beat Alpina?s World Cup carbon ski poles. Full carbon shaft is extremely light and strong Comfortable rubber grip Adjustable nylon wrist strap Comes with two sets of baskets Carbide tip Weight: 1 lb. 1 oz. pr. (based on 125cm) Material: Carbon shaft, rubber grip, nylon strap CLOSEOUTS . China, components Finland. Size (inches): 105cm (41??) 115cm (45??) 120cm (47??) 125cm (49??) 130cm (51?) 135cm (53?) 140cm (55?) Visit our Alpine Skiing Guide
Life-Link Guide Telescopic Ski Poles

Life-Link Guide Telescopic Ski Poles

$69.95

CLOSEOUTS. Life-Link Guide telescopic ski poles are specially designed for backcountry skiing. Hybrid design combines an aluminum upper shaft with a lightweight carbon lower shaft to reduce weight without diminishing strength. Aluminum upper shaft Carbon lower shaft Simple twist-lock mechanism Ergonomically shaped EVA foam grips Adjustable, neoprene-lined wrist straps Removable snow baskets Carbide tip Collapsed length: 30? Extended length: 49? Weight: 15.6 oz. pr. Material: Aluminum, carbon and foam CLOSEOUTS. USA.
Life-Link Carbon Pro Telescopic Ski Poles

Life-Link Carbon Pro Telescopic Ski Poles

$79.95

CLOSEOUTS . Life-Link Carbon Pro telescopic ski poles allow you to adjust the length to your exact specifications on the fly, making them ideal for backcountry skiing. Easy to use twist-lock mechanism Aluminum upper shaft Carbon lower shaft Ergonomically shaped EVA foam grips Adjustable wrist strap Removable snow basket Carbide tip Collapsed length: Size 40: 40? Size 44: 44? Extended length: Size 40: 50? Size 44: 54? Weight: 1 lb. 3 oz. pr. Material: Carbon CLOSEOUTS . USA.
Komperdell Pure Black Ski Poles - Carbon

Komperdell Pure Black Ski Poles - Carbon

$59.95

CLOSEOUTS . If you?re looking for a reliable carbon ski pole, the Komperdell Pure Black is one of the lightest and strongest on the market. Carbon shaft is extremely lightweight and strong Comfortable EVA hand grip Adjustable webbing wrist strap Racing baskets Carbide tip Weight: 15 oz. pr. Sold as a pair By Komperdell of Austria CLOSEOUTS . Austria.
Komperdell Bamboo Carbon Ski Poles

Komperdell Bamboo Carbon Ski Poles

$99.95

CLOSEOUTS . These exceptionally lightweight carbon ski poles from Komperdell have a retro bamboo finish with leather handle grips and wrist straps. Extremely lightweight and strong carbon shaft with retro bamboo finish Leather-wrapped EVA hand grips Leather wrist straps with faux fur lining Removable baskets included Carbide tip Weight: 11 oz. pr. Material: Carbon Sold as a pair By Komperdell of Austria CLOSEOUTS . Austria.
Scott Pro Taper Ski Poles (Pair)

Scott Pro Taper Ski Poles (Pair)

$88.00

Scott's high-end composite Pro Taper Ski Poles offer great feel and decreased swing weight for smooth performance on the slopes. Scott USA continues to manufacture the best ski poles on the planet. With ergonomic grips, a selection of straps (including belt leather), and the right basket for any situation.
Scott Composite Ski Poles

Scott Composite Ski Poles

$60.00

The Scott Composite Ski Poles feature a lightweight, durable composite shaft and dual density grip, that provid the ultimate in swing weight, performance and comfort.
Scott Pro Taper Ski Poles (Pair)

Scott Pro Taper Ski Poles (Pair)

$88.00

Scott's high-end composite Pro Taper Ski Poles offer great feel and decreased swing weight for smooth performance on the slopes. Scott USA continues to manufacture the best ski poles on the planet. With ergonomic grips, a selection of straps (including belt leather), and the right basket for any situation.
Scott Women's Koko Ski Poles (Pair)

Scott Women's Koko Ski Poles (Pair)

$68.00

The Scott Women's Koko Ski Poles are engineered with the S2 Aluminum shaft. The S2 Aluminum shaft utilizes the same technical swaging and design features found in the S4 and S3 series and are rated to 45, 000 PSI.
Rossignol Kid's Viper Jr Ski Poles 28In/70cm

Rossignol Kid's Viper Jr Ski Poles 28In/70cm

$20.95

Rossignol Kid's Viper Jr Ski Poles 28In/70cm
Scott Composite Ski Poles

Scott Composite Ski Poles

$60.00

The Scott Composite Ski Poles feature a lightweight, durable composite shaft and dual density grip, that provid the ultimate in swing weight, performance and comfort.
Scott Women's Koko Ski Poles (Pair)

Scott Women's Koko Ski Poles (Pair)

$68.00

The Scott Women's Koko Ski Poles are engineered with the S2 Aluminum shaft. The S2 Aluminum shaft utilizes the same technical swaging and design features found in the S4 and S3 series and are rated to 45, 000 PSI.
Scott Women's Koko Ski Poles (Pair)

Scott Women's Koko Ski Poles (Pair)

$68.00

The Scott Women's Koko Ski Poles are engineered with the S2 Aluminum shaft. The S2 Aluminum shaft utilizes the same technical swaging and design features found in the S4 and S3 series and are rated to 45, 000 PSI.
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Choose Your Activity
Golf Hiking Skiing Water Sports
Games Fishing Exploring Cycling