New Home Sales Hold Close to Fastest Pace Since 2023
Market Intelligence Analysis
AI-PoweredUS new home sales held steady in October, remaining near the fastest pace since 2023, with a slight 0.1% decrease to 737,000 annual rate.
Market impact analysis based on neutral sentiment with 80% confidence.
Article Context
Sales of new homes in the US were little changed in October near the strongest pace since 2023. New single-family home sales eased 0.1% to an annual rate of 737,000 following a 3.8% September increase, according to government data. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)
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