Tuesday , 26 November 2024
Home Forex US October new home sales 0.610m vs 0.725m expected
Forex

US October new home sales 0.610m vs 0.725m expected

  • Prior was 0.738m
  • Sales -17.3% vs +4.1% prior

This is a terrible number and underscores the pain that higher rates are going to cause in everything housing-related, which is a big chunk of the economy.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US Pres. Biden is expected to say that the US and France had secured a cease-fire deal

Geopolitics: CBS is confirming an earlier report that US present Biden is...

Bitcoin and US stocks turn higher

There is an impressive turn unfolding in US equities and crypto.The S&P...

European equity close: The return of Tariff Man bites

Closing changes in Europe:Stoxx 600 -0.5%German DAX -0.6%France CAC -0.8%UK FTSE 100...

BofA: Gold faces near-term headwinds but potential for $3,000 in 2025

BofA highlights four key policy dimensions of the incoming US administration that...