Anticipating Positive Growth in US New Home Sales Data

Monday, 25 March 2024, 13:55

Stay informed as US new home sales are projected to rise to 0.675 million, up from the previous 0.661 million. The Federal Reserve’s Goolsbee expressed concerns on home price inflation, adding a layer of uncertainty. Despite this, home builders remain optimistic.
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Anticipating Positive Growth in US New Home Sales Data

US New Home Sales Data: Expected Increase

Insightful Details

  • Consensus: The upcoming new home sales data suggests a rise to 0.675 million from the previous 0.661 million.
  • Fed's Goolsbee: Shared concerns over the ongoing home price inflation, highlighting potential uncertainties.
  • Builder Sentiment: Despite the cautionary notes, home builders are maintaining a positive outlook amidst the market trends.

This article was written by Adam Button.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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