- Analytics
- News and Tools
- Market News
- US: New Home Sales decline by 12.6% to 511,000 in July
US: New Home Sales decline by 12.6% to 511,000 in July
- New Home Sales in the US fell sharply in July.
- The US Dollar Index continues to push lower toward 108.00.
Sales of new single‐family houses declined by 12.6% in July to a seasonally adjusted annual rate of 511,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday.
"The median sales price of new houses sold in July 2022 was $439,400," the publication further revealed. "The average sales price was $546,800."
Market reaction
The dollar stays under heavy selling pressure after this data and the US Dollar Index was last seen losing nearly 0.7% on the day at 108.20.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
