Data released today in the US showed that New Home Sales rose by 4.5% in March, above expectations. According to analysts at Wells Fargo, lower mortgage rates and a shift toward the construction of more modestly priced homes are boosting sales. Key Quotes: “Easing home prices and lower mortgage rates spurred a 4.5% jump in new home sales during March. While existing sales were softer during the month, the housing market appears to be improving as the spring selling season gets underway.” “Sales at lower price points continue to strengthen. During March, an estimated 50% of sales were priced below $300,000, up from around 43% of sales averaged during 2018.” “Builder discounting and a shift in focus toward building lower priced homes in more affordable areas continue to keep price increases in check.” 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 Founder of SoftBank Group, Japanese Billionaire lost $130 million on investing in Bitcoin FX Street 4 years Data released today in the US showed that New Home Sales rose by 4.5% in March, above expectations. According to analysts at Wells Fargo, lower mortgage rates and a shift toward the construction of more modestly priced homes are boosting sales. Key Quotes: "Easing home prices and lower mortgage rates spurred a 4.5% jump in new home sales during March. While existing sales were softer during the month, the housing market appears to be improving as the spring selling season gets underway." "Sales at lower price points continue to strengthen. During March, an estimated 50% of sales were priced… Regulated 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.
