Investing.com - New home sales in the U.S. fell less-than-expected in August, official data showed on Monday.
In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 295K in August, from 302K in July. The previous month's figure had been revised up from 298K.
Analysts had expected new home sales to fall to 293K in August.
The median sales price of new houses sold in August was USD209,100, while the average sales price was USD246,000.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.17% to trade at 1.3424.
Meanwhile, U.S. equity markets were mixed after the open. The Dow Jones Industrial Average rose 0.28%, the S&P 500 index fell 0.21%, while the Nasdaq Composite index dropped 1.26%.
In a report, the Census Bureau said that new home sales fell to a seasonally adjusted annual rate of 295K in August, from 302K in July. The previous month's figure had been revised up from 298K.
Analysts had expected new home sales to fall to 293K in August.
The median sales price of new houses sold in August was USD209,100, while the average sales price was USD246,000.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.17% to trade at 1.3424.
Meanwhile, U.S. equity markets were mixed after the open. The Dow Jones Industrial Average rose 0.28%, the S&P 500 index fell 0.21%, while the Nasdaq Composite index dropped 1.26%.