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New home sales in the US exceeded expectations in July
New home sales in the United States increased by 4.4 percent month-on-month to 714 thousand in July, exceeding expectations.

In the text from the US Department of Commerce; New house sales statistics for July have been published.

According to the incoming data, new home sales across the country increased by 4.4 percent compared to the previous month, in seasonally adjusted terms, and rose to 714 thousand.

Housing sales, which exceeded market expectations and reached the highest level since February, were expected to be 705 thousand in this period.

New house sales, on the other hand, decreased by 2.8 percent to 684 thousand in June.

New home sales across the country increased by 31.5 percent in July compared to the same period of the previous year.

The median sales price of the new houses that went on sale in the USA last month increased by about 4.8 percent compared to the previous year and reached 436 thousand 700 dollars.