BREAKING: New home sales in the USA well below expectations

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03:00 pm GMT - US, new home sales for October. Actual: 679k. Expected: 721k. Previous: 759k

New home sales supply 7.8 months in October from 7.2 months in September
Median price $409,300 which is down -17.6% from October 2022

U.S. treasury yields extend decline after new home sales data; 10-year yield last down 4. bps at 4.391%

New home sales is -5.6% on a MoM basis.

Source: Census

Source: XTB

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This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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