Investing.com – U.S. new home sales rose more-than-expected in September, official data showed on Wednesday.
In a report, the U.S. Census Bureau said new home sales rose to a seasonally adjusted 307,000 units in September, after rising to 288,000 units in August.
Analysts had expected the number of new home sales to rise to 300,000 units in September.
The report said that year-on-year, new home sales were down 21.5% in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.54% to hit 1.3783.
Meanwhile, U.S. equity markets were down: the Dow Jones Industrial Average fell 0.64%, the S&P 500 shed 0.59% and Nasdaq 100 declined 0.06%.
In a report, the U.S. Census Bureau said new home sales rose to a seasonally adjusted 307,000 units in September, after rising to 288,000 units in August.
Analysts had expected the number of new home sales to rise to 300,000 units in September.
The report said that year-on-year, new home sales were down 21.5% in September.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD falling 0.54% to hit 1.3783.
Meanwhile, U.S. equity markets were down: the Dow Jones Industrial Average fell 0.64%, the S&P 500 shed 0.59% and Nasdaq 100 declined 0.06%.