New Home Sales in the US fell sharply in February. US Dollar Index posts strong daily gains around 92.20 after the data. New Home Sales in the US fell by 18.2% in February to a seasonally adjusted annual rate of 775,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday. This reading followed January’s increase of 3.2% and missed the market expectation for a decline of 6.5% by a wide margin. “The median sales price of new houses sold in February 2021 was $349,400,” the publication read. “The average sales price was $416,000.” Market reaction The US Dollar Index edged modestly higher after this report and was last seen gaining 0.52% on the day at 92.22. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Price Analysis: The 2021 highs around 92.50 loom closer FX Street 9 months New Home Sales in the US fell sharply in February. US Dollar Index posts strong daily gains around 92.20 after the data. New Home Sales in the US fell by 18.2% in February to a seasonally adjusted annual rate of 775,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday. This reading followed January's increase of 3.2% and missed the market expectation for a decline of 6.5% by a wide margin. "The median sales price of new houses sold in February 2021 was $349,400," the publication read. "The average… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
