Investing.com - New home sales in the U.S. fell unexpectedly last month, official data showed on Friday.
In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 482K, from 517K in the preceding month whose figure was revised down from 546K.
Analysts had expected new home sales to remain unchanged at 546K last month.
In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 482K, from 517K in the preceding month whose figure was revised down from 546K.
Analysts had expected new home sales to remain unchanged at 546K last month.