US: New Home Sales rise 4.1% in April vs. 3.3% expected
|- New Home Sales in the US continued to rise in April.
- US Dollar Index stays in positive territory above 103.00.
Sales of new single‐family houses rose 4.1% in April to a seasonally adjusted annual rate of 683,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday.
This reading followed the 4% growth (revised from +9.6%) recorded in March and came in slightly better than the market expectation for an increase of 3.3%.
Market reaction
The US Dollar Index showed no reaction to this report and was last seen rising 0.2% on the day at 103.43.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.