The number of New housing sales in the United States increased 3.6% in Decemberas published by the Office of the Census and the Department of Housing and Urban Development. The November data has been reviewed upwards, with a 9.6% rise from 5.9% published a month ago.
In total, new homes increased to 698,000 From the previous 674,000, exceeding the figure expected by the meld of 670,000.
It is estimated that in 2024 683,000 new homes were sold, which represents a 2.5% increase with respect to the 2023 figure, which was 666,000.
The average sale price of new homes sold in December 2024 was $ 427,000. The average sale price was $ 513,600.
Dollar reaction
The dollar index (DXY) has reacted slightly upwards after the publication, rising around 107.30, although it remains pressed down. At the time of writing, the DXY is quoted over 107.25 points, losing 0.19% in the day.
Economic indicator
Sale of new homes (MOM)
New housing sales published by the office US Census Bureau It is an important measure of housing market conditions. Residencies buyers spend money on furniture and financing of their homes, which causes an increase in the demand for goods and services that stimulates employment. A reading superior to the anticipated is bullish for the dollar, while a lower reading is bassist.
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Last publication: lun Jan 27, 2025 15:00
Frequency: Monthly
Current: 0.698m
Dear: 0.67m
Previous: 0.664m
Fountain: US Census Bureau
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
