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US: New Home sales recover but below expectations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Córdoba) - The annual rate of new home sales in the US during November rose to 490,000 below the 505,000 expected by market consensus. It represents a rise of 4.3%, above the 2%; but the highest percentage is because previous months were revised lower.

    The number showed an increase for the second month in a row. The initial reported gain of 10.2% in October was revised to 6.2%.
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