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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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Ski Poles


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Scott World Cup SL Ski Pole (Pair) (Fall 08)

Scott World Cup SL Ski Pole (Pair) (Fall 08)

$95.00

Downhill racing poles have a distinct bend, but sometimes it's tough to find the same sort of performance refinements on slalom poles. Scott's World Cup SL Ski Pole are the real racing deal with ultra-durable S4 aluminum alloy shafts and molded thermoplastic rubber/polypropylene grips. Scott used wind tunnel technology to design the Aero SG Baskets on the World Cup SL poles and minimize drag. Scott's S4 aluminum shafts are rated to 75, 000 PSI and feature a distinct dual taper design ("swaging") that reduces the outside diameter while increasing the shaft thickness for enhanced durability. Beneath it all is a lightweight, diamond-shaped ice tip for exceptional hold in slick conditions.

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 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.

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.

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.

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.

Rossignol Men's SAS Ski Poles

Rossignol Men's SAS Ski Poles

$41.95

Freestyle in the backcountry by morning, jib in the park by afternoon, the Rossignol SAS Ski Poles can do it all. The ultimate jib stick, whatever your terrain.

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 A-12 Ski Poles (Pair)

Scott A-12 Ski Poles (Pair)

$130.00

The ultra-modern Scott A-12 Ski Poles design feature lightweight, durable composite shafts and dual-density grips for the ultimate in performance and comfort.

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.

Rossignol Men's SAS Pro Ski Poles

Rossignol Men's SAS Pro Ski Poles

$58.95

A jib stick like none before, the Rossignol SAS Pro Ski Pole is light and grippy for both the park and the backcountry. Yes, we said both.

Rossignol Men's SAS Pro Ski Poles

Rossignol Men's SAS Pro Ski Poles

$58.95

A jib stick like none before, the Rossignol SAS Pro Ski Pole is light and grippy for both the park and the backcountry. Yes, we said both.

Scott A-12 Ski Poles (Pair)

Scott A-12 Ski Poles (Pair)

$130.00

The ultra-modern Scott A-12 Ski Poles design feature lightweight, durable composite shafts and dual-density grips for the ultimate in performance and comfort.

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Choose Your Activity
Golf Hiking Skiing Water Sports
Games Fishing Exploring Cycling