Open Demo Account
Home / Market Update / US: New Home Sales Surge by 14% in September

US: New Home Sales Surge by 14% in September

Adel 26 October, 2021 6:19 pm Market Update

New Home Sales in the US surged by 14% in September compared to a contraction of 1.4% in August, the data published by the US Commerce Department revealed on Tuesday. This reading surpassed the market expectation for an increase of 1.5% by a wide margin. the median sale price rose by 18.7% on a yearly basis to $408,000.

Tags

Check Also

European Stocks Edge Higher as Starmer Resignation Looms and Iran Peace Talks Descend Into Confusion

Key Takeaways Cautious open: The Stoxx 600 edged 0.1% higher; DAX was largely flat; CAC …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends