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U.S. New Home Sales MoM

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U.S. New Home Sales MoM

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Latest Release
Mar 23, 2017
Actual
6.1%
Forecast
0.7%
Previous
5.3%
New Home Sales measures the change in percenatge of the new home sales, A new home sale is considered to be any deposit or contract signing either in the year the house was built or the year after it was built. A strong number would indicate a strong housing activity, and therefore a strong economy. A higher than expected number should be taken as positive to the USD, while a lower than expected number as negative
Importance:
Country:
Currency: USD
Source: US Department of Commerce
U.S. New Home Sales MoM
 
Release Date Time Actual Forecast Previous
Apr 25, 2017 (Mar) 10:00   -0.5% 6.1%
Mar 23, 2017 (Feb) 10:00 6.1% 0.7% 5.3%
Feb 24, 2017 (Jan) 11:00 3.7% 6.3% -7.0%
Jan 26, 2017 (Dec) 11:00 -10.4% -1.0% 4.7%
Dec 23, 2016 (Nov) 11:00 5.2% 2.1% -1.4%
Nov 23, 2016 (Oct) 11:00 -1.9% 0.3% 1.2%

News

video_hosted
U.S February new home sales rise more than expected   By Investing.com - Mar 23, 2017

Investing.com - U.S. new home sales rose more than expected in February, official data Thursday showed.The Commerce Department said new home sales rose 6.1% to 592,000 units from January.Sales were ...

text
U.S. new home sales surge to seven-month high in February By Reuters - Mar 23, 2017

WASHINGTON, March 23 (Reuters) - New U.S. single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery continued to gain momentum despite the challenges of...

Analysis

Kevin Flynn
Is The Trump Rally Over? By Kevin Flynn - Mar 30, 2017

To-morrow every Fault is to be amended; but that To-morrow never comes.” – Benjamin Franklin (ed.), Poor Richard’s Almanack Yes, the market did indeed turn in its first 1% down day...

Matthew Ashley
What’s Up Next For The AUD? By Matthew Ashley - Mar 27, 2017

Key Points: The AUD could go either way this week depending on the fundamentals. EMA bias remains bullish which could see a near-term recovery. However, MACD crossover is hinting at further downside ...

New Home Sales (MoM) Discussion

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All Comments (4)
George Steven
George Steven May 24, 2016 7:31PM GMT
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These are April numbers when a rate hike was less likely. You'd have to expect May and June would go down. Many builders/buyers could also be locking in now. A Fed rate hike will have significant impact on consumer and mortgage debt
Conflict News
Conflict News May 24, 2016 2:10PM GMT
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fake data, forcast only 2% and turns to be 16%? haha
Muhammad Qadeer Tanoli
Muhammad Qadeer Tanoli Aug 24, 2014 11:36AM GMT
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dollar will go up or down?
Sep 24, 2014 3:06PM GMT
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GO UP.
 
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