New Home Sales Jump to 3-Year High in April
New home sales jumped to their highest level in over three years in April, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 743,000 last month, higher than the 694,000 forecast. This represents a 10.9% increase from March’s downwardly revised rate of 670,000 and a 3.3% [...] The post New Home Sales Jump to 3-Year High in April appeared first on ETF Trends.
New home sales jumped to their highest level in over three years in April, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 743,000 last month, higher than the 694,000 forecast. This represents a 10.9% increase from March’s downwardly revised rate of 670,000 and a 3.3% [...]
The post New Home Sales Jump to 3-Year High in April appeared first on ETF Trends.
