24 Feb 2022
US: New Home Sales fall by 4.5% in January compared to December's 12.0% surge
- New Home Sales fell 4.5% in January after December's 12.0% drop.
- The US dollar did not react to the latest US data with geopolitics the main focus.
Following a massive 12.0% MoM surge (which was upwardly revised from a 11.9% gain) in the number of New Home Sales in the past 12-months in December, the 12-month rolling number of New Home Sales was down 4.5% in January, data published by the US Commerce Department showed on Thursday.