2:22 PM ยท 25 June 2025

New home sales in the US much lower than expected ๐Ÿ“Œ

03:00 PM BST, United States - New Home Sales for May:

  • actual 623K; forecast 694K; previous 722K;

03:00 PM BST, United States - New Home Sales for May:

  • actual -13.7% MoM; previous 9.6% MoM;

New data continues to highlight a clear problem with sales in the United States. There has been a significant increase in housing supply recently, but a lack of new buyers. While the dollar and stock indices are not reacting strongly to the data, lower timeframes show a slight weakening of the currency and declines in futures contracts.

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Palo Alto Networks Shares On The Rise ๐Ÿ“ˆ KeyBanc Upgrades the Stock

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