U.S. new home sales data were released just a moment ago. Following an astonishing surge in July, the figures for the month of August turned out to be better than anticipated too. In fact, the number of new home sales managed to exceed 1 million threshold for the first time since 2006! The exact results were as follows:
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U.S new homes sales in August: 1011k (vs expected: 895k)
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U.S new homes sales in August: 4.8% (vs expected: -0.1%)