Investing.com - U.S. new home sales rose more-than-expected in September, hitting the highest level since April 2010, official data showed on Wednesday.
In a report, the U.S. Census Bureau said new home sales rose by 5.7% to a seasonally adjusted 389,000 units in September, beating expectations for a 3.2% increase to 385,000.
New home sales for August were revised down to 368,000 units from a previously reported 373,000.
The median sales price of new houses sold in September fell 3.2% to USD242,200.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD dipping 0.12% to trade at 1.2971.
Meanwhile, U.S. equity markets were up after the open. The Dow Jones Industrial Average eased up 0.15%, the S&P 500 index added 0.1%, while the Nasdaq Composite index rose 0.15%.
In a report, the U.S. Census Bureau said new home sales rose by 5.7% to a seasonally adjusted 389,000 units in September, beating expectations for a 3.2% increase to 385,000.
New home sales for August were revised down to 368,000 units from a previously reported 373,000.
The median sales price of new houses sold in September fell 3.2% to USD242,200.
Following the release of the data, the U.S. dollar remained higher against the euro, with EUR/USD dipping 0.12% to trade at 1.2971.
Meanwhile, U.S. equity markets were up after the open. The Dow Jones Industrial Average eased up 0.15%, the S&P 500 index added 0.1%, while the Nasdaq Composite index rose 0.15%.