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New Home Sales Dipped A Bit In October, But Were Well Above Year Before

Sales of new homes edged down 0.3 percent in October from September, but were a healthy 17.2 percent above the pace of October 2011, the Census Bureau and Department of Housing and Urban Development report.

It's another in a recent series of reports that signal the housing sector is on the mend. But, as Bloomberg News says, the improvement has been somewhat uneven.

According to the agencies, new homes sold at an annual rate of 368,000 last month.

One thing to keep in mind: Superstorm Sandy struck just as the month was ending and that may have affected the sales pace.

Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.

NPR

Soderbergh's Liberace, 'Behind The Candelabra'

In his new HBO film, the acclaimed director examines the five-year relationship between the flamboyant entertainer and Scott Thorson, who was 40 years Liberace's junior and still a teenager when they met. Michael Douglas plays Liberace and Matt Damon plays Thorson.
NPR

Washington State Butcher Spikes Pig Feed With Weed

Despite its name, the "pot pig" experiment isn't an attempt to develop a new meaty treat for stoners. Instead, a Seattle butcher is feeding marijuana seeds, stems and root bulbs to swine as a cheeky money-saving measure.
NPR

'I Was Dismayed' To Learn What Agency Did, Ex-IRS Chief Says

Under Douglas Shulman's watch, IRS personnel singled out some conservative groups for extra scrutiny. That, he conceded Tuesday, has "justifiably led to questions" about the tax agency's motivation.
NPR

Airbnb Stays Are Illegal In New York, Court Rules

People who use Airbnb, the web company that pairs travelers with residents who rent out their homes on a short-term basis, are breaking New York City's laws, according to an administrative law judge. The vacation rental business was found to run afoul of the city's occupancy code.

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