Questions 117-120refer to the following questions.Summer Travel SaleFigures published yesterday in a report on the national housing market show that consumers purchased more new homes in September than in any month yet this year. The increase of 14.1% over last month directly contradicts the predictions of market analysts." It was a real shock to most of us," admitted Lashawnda Cassano, chief economist with the firm Capital Resources, LLTG." New-home sales were down so much in August and July that we simply expected the trend to continue. But this changes everything."The report states that 71,000 homes were sold in the month of September. That is well above the figure of 62,000 sold in August and July's one of 64,000. Previous months had seen the num-ber holding steady at around 68,000. These new numbers are sure to encourage investors, who have been hesitant to put their trust in the country's economy since last spring's downturn. All three national stock markets jumped up at least ten points on the news.The report is also likely to boost construction of new homes, as builders interpret it as a rise in consumer demand. However, if they react too enthusiastically, they risk flooding the market with new houses which could have the effect of pushing down prices and cutting into the profits of the real estate industry.What does this article mainly discuss?A.An investment firm's sales figuresB.A recession's effect on the real estate industryC.Yesterday's stock market activityD.An economic report's unexpected findings
Questions 117-120refer to the following questions.
Summer Travel Sale
Figures published yesterday in a report on the national housing market show that consumers purchased more new homes in September than in any month yet this year. The increase of 14.1% over last month directly contradicts the predictions of market analysts.
" It was a real shock to most of us," admitted Lashawnda Cassano, chief economist with the firm Capital Resources, LLTG." New-home sales were down so much in August and July that we simply expected the trend to continue. But this changes everything."
The report states that 71,000 homes were sold in the month of September. That is well above the figure of 62,000 sold in August and July's one of 64,000. Previous months had seen the num-ber holding steady at around 68,000. These new numbers are sure to encourage investors, who have been hesitant to put their trust in the country's economy since last spring's downturn. All three national stock markets jumped up at least ten points on the news.
The report is also likely to boost construction of new homes, as builders interpret it as a rise in consumer demand. However, if they react too enthusiastically, they risk flooding the market with new houses which could have the effect of pushing down prices and cutting into the profits of the real estate industry.
What does this article mainly discuss?
Summer Travel Sale
Figures published yesterday in a report on the national housing market show that consumers purchased more new homes in September than in any month yet this year. The increase of 14.1% over last month directly contradicts the predictions of market analysts.
" It was a real shock to most of us," admitted Lashawnda Cassano, chief economist with the firm Capital Resources, LLTG." New-home sales were down so much in August and July that we simply expected the trend to continue. But this changes everything."
The report states that 71,000 homes were sold in the month of September. That is well above the figure of 62,000 sold in August and July's one of 64,000. Previous months had seen the num-ber holding steady at around 68,000. These new numbers are sure to encourage investors, who have been hesitant to put their trust in the country's economy since last spring's downturn. All three national stock markets jumped up at least ten points on the news.
The report is also likely to boost construction of new homes, as builders interpret it as a rise in consumer demand. However, if they react too enthusiastically, they risk flooding the market with new houses which could have the effect of pushing down prices and cutting into the profits of the real estate industry.
What does this article mainly discuss?
A.An investment firm's sales figures
B.A recession's effect on the real estate industry
C.Yesterday's stock market activity
D.An economic report's unexpected findings
B.A recession's effect on the real estate industry
C.Yesterday's stock market activity
D.An economic report's unexpected findings
参考解析
解析：第一段第一句中说，全国住宅市场报告书中显示，9月份的数据对市场分析师的预测作了直接否定。然后继续说关于这个数据的分析和报告对房地产业的影响。因此正确答案是D。
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