Thursday , 26 September 2024
Home Forex US new home sales units for August 0.716M vs 0.700M estimate
Forex

US new home sales units for August 0.716M vs 0.700M estimate

  • Prior month +0.739M revised to 0.751M
  • Home sales % change MoM -4.7% versus +10.3% last month
  • Home supply 7.8 months versus 7.3 months prior
  • Median sale price -4.6% to $420,600
  • The 30 year mortgage rate has come down to 6.13%.

Earlier today, mortgage applications increased by 11.0% after a 14.2% increase last week.

This article was written by Greg Michalowski at www.forexlive.com.

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