US: New Home Sales jump to 759K in September vs. 680K expected

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US: New Home Sales jump to 759K in September vs. 680K expected
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Sales of new single‐family houses jumped 12.3% in September to a seasonally adjusted annual rate of 759,000, the data published jointly by the US Cens

New Home Sales in the US rose 12.3% in September. US Dollar Index continues to hover around 106.40 after the data. us Bureau and the Department of Housing and Urban Development showed on Wednesday. This reading followed the 8.

2% decline recorded in August and came in better than the market expectation of a modest increase to an annual rate of 680,000. The median sales price of new houses sold in September 2023 was $418,800, and the average sales price was $503,900, the publication revealed. Market reaction The US Dollar Index remained around 106.40, gaining 0.15% for the day.

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