US new home sales for April 0.634M vs 0.679M estimate ...Middle East

Prior month 0.665M revised from 0.693Mnew-home sales 0.634M vs 0.679M estimate. Weakest since November 2023new-home sales -4.7% versus +5.4% last monthSupply of new homes 9.1 months versus 8.3 months prior monthmedian sales price +3.9% to $433,500 down from $439,500average sale price is up to $505,700 down from $527,400The fixed rate mortgage is at 7.09% currently This article was written by Greg Michalowski at www.forexlive.com.

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