{"id":84384,"date":"2023-05-23T22:49:00","date_gmt":"2023-05-23T18:49:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84384"},"modified":"2023-05-24T00:30:29","modified_gmt":"2023-05-23T20:30:29","slug":"us-new-home-sales-jump-to-13-month-highs","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-new-home-sales-jump-to-13-month-highs\/05\/23\/market-updates\/","title":{"rendered":"US new home sales jump to 13-month highs"},"content":{"rendered":"\n<p>US new home sales jumped to a 13-month high in April, boosted by a persistent shortage of previously owned houses on the market and a sharp decline in prices from last year&#8217;s lofty levels.<\/p>\n\n\n\n<p>The Commerce Department report followed on the heels of data showing a surge in permits for future single-family housing construction.<\/p>\n\n\n\n<p>Confidence among homebuilders rose to a 10-month high in May, but there are no signs yet that a recent tightening in credit conditions are weighing on the housing market.<\/p>\n\n\n\n<p>New home sales increased 4.1% to a seasonally adjusted annual rate of 683,000 units last month, the highest level since March 2022. March&#8217;s sales pace was revised lower to 656,000 units from the previously reported 683,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US new home sales jumped to a 13-month high in April, boosted by a persistent shortage of previously owned houses on the market and a sharp decline in prices from last year&#8217;s lofty levels. The Commerce Department report followed on the heels of data showing a surge in permits for future single-family housing construction. Confidence &hellip;<\/p>\n","protected":false},"author":13,"featured_media":46200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7247,6858],"class_list":["post-84384","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-new-home-sales","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84384"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84384\/revisions"}],"predecessor-version":[{"id":84385,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84384\/revisions\/84385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/46200"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}