U.S. New Home Sales Fall More Than Expected In April

24 Mayıs 2019

The Commerce Department said on Thursday new home sales dropped 6.9% to a seasonally adjusted annual rate of 673,000 units last month. March’s sales pace was revised up to 723,000 units, the highest level since October 2007, from the previously reported 692,000 units. Economists polled by Reuters had forecast new home sales, which account for about 10% of housing market sales, would decrease 2.8% to a pace of 675,000 units in April. (23.05.2019)

Source: Reuters
Post by : Republic of Turkey Ministry of Trade