New Home Sales (MoM)

23 June 2017, 14:51
Tamas Molnar
0
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New Home Sales (MoM)

The number of New Home Sales released by the US Census Bureau is an important measure of housing market conditions. House buyers spend money on furnishing and financing their homes so as a result the demand for goods, services and the employees is stimulated. Generally, a high reading is seen as bullish for the USD, whereas a low reading is seen as bearish.



Consensus: 0.597M end look for the chart!!! NO BIG CHANGE!!!!



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