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Sales Of New Homes Fell In December, But Were Up Sharply In 2012

Though there was a 7.3 percent drop in sales of new homes in December from November, sales were up a healthy 8.8 percent from December 2011, the Census Bureau and Department of Housing and Urban Development report.

Homes sold at a annual rate of 369,000 last month.

Over the whole year, the agencies estimate, there were 367,000 new homes sold — up 19.9 percent from the 306,000 sold in 2011.

Reuters says that despite the dip in December from November, housing "still appears set to be a bright spot in the country's economic recovery." And, it notes that:

"Government data for new home sales are subject to substantial revisions. Indeed, the Commerce Department raised its estimate for sales in November by 22,000 to a 398,000-unit rate, making the pace of sales in November the fastest since April 2010."

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NPR

Professional Wrestling World Mourns Longtime Star 'Rowdy' Roddy Piper

The Canadian entered the WWF as a villain and fought Hulk Hogan and Mr. T in the first Wrestlemania event. The career gave the often-bekilted grappler many chances to show off his bagpipe skills.
WAMU 88.5

Donald Trump Sues Chef José Andrés Over Hotel Pullout

Trump has filed a $10 million breach-of-contract lawsuit against Chef José Andrés and his companies after Andrés announced that he's canceling plans to have a restaurant inside Trump's Old Post Office hotel in downtown D.C.
NPR

Pacific Trade Pact In Limbo As Talks End Without A Deal

Disagreements remain among the 12 countries regarding drug patents, market access and more, and likely will delay congressional debate of any eventual agreement into 2016.
NPR

Despite Host Controversy, Amazon Takes A Chance On 'Top Gear'

The trio that made Top Gear the world's biggest car show will return to the small screen in a new show for Amazon Prime. The BBC canned one of its hosts last year after a fight with a producer.

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