New Home Sales Reach 6-Month High in March
New home sales reached a six-month high in March, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 724,000 last month, higher than the 684,000 forecast. This represents a 7.4% increase from February’s downwardly revised rate of 674,000 and a 6.0% rise from one year ago. [...] The post New Home Sales Reach 6-Month High in March appeared first on ETF Trends.
New home sales reached a six-month high in March, beating expectations. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 724,000 last month, higher than the 684,000 forecast. This represents a 7.4% increase from February’s downwardly revised rate of 674,000 and a 6.0% rise from one year ago. [...]
The post New Home Sales Reach 6-Month High in March appeared first on ETF Trends.