Investing.com – U.S. new home sales rose significantly more-than-expected in December, official data showed on Wednesday.
In a report, the U.S. Census Bureau said new home sales jumped by 17.5% to a seasonally adjusted 329,000 units in December, after rising to 280,000 units in November, whose figure was revised down from 290,000 units.
Analysts had expected the number of new home sales to rise by 3.5% to 300,000 units in December.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.21% to hit 1.3652.
Meanwhile, U.S. equity markets were modestly higher after the open: the Dow Jones Industrial Average climbed 0.03%; the S&P 500 index added 0.19%, while the Nasdaq Composite index eased up 0.02%.
In a report, the U.S. Census Bureau said new home sales jumped by 17.5% to a seasonally adjusted 329,000 units in December, after rising to 280,000 units in November, whose figure was revised down from 290,000 units.
Analysts had expected the number of new home sales to rise by 3.5% to 300,000 units in December.
Following the release of the data, the U.S. dollar was up against the euro, with EUR/USD shedding 0.21% to hit 1.3652.
Meanwhile, U.S. equity markets were modestly higher after the open: the Dow Jones Industrial Average climbed 0.03%; the S&P 500 index added 0.19%, while the Nasdaq Composite index eased up 0.02%.