House prices higher in January - 2004-01-28
The housing market has had a strong start to the New Year with November's interest rate hike having no discernible impact, property website Hometrack has disclosed.

Typical mortgage repayments, being 14 percent of average gross household income, are still very low by historic standards," he added.
Read the full story at Reuters

New Home Sales Surprise, They're Lower - 2004-01-28
Sales of new U.S. homes dropped unexpectedly last month from an upwardly revised November level as the strongest home-selling year on record finished with a whimper, a government report showed on Wednesday.

For all of 2003, single-family home sales rose 11.5 percent, with a record 1.085 million homes sold as the lowest mortgage rates in a generation fueled buying.
Read the full story at Washington Post