• New home sales rose 0.2% in September

Market news

24 October 2014

New home sales rose 0.2% in September

The U.S. Commerce Department released new home sales data today. New home sales climbed 0.2% to a seasonally adjusted annual rate of 467,000 units in September from 466,000 units in August. That was the highest since July 2008.

August's figure was revised down from 504,000 units. The Commerce Department also revised the sales figures for July and June.

Analysts had expected new home sales to reach 473,000 units.

The median home sales price in September was $259,000, the lowest level since August 2013.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.