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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessJuly new home sales -1.7% to 627k SAAR, the.>
US DATA: July new home sales -1.7% to 627k SAAR, below the 649k rate
exp. June sales were revised up to 638k while May sales were revised
down to 654k. July sales, at a 627k rate, stand below the 642k average
for Q2.
-Sales were down in the Northeast (-52.3%) and South (-3.3%) and up in
the Midwest (+9.9%) and West (+10.9%).
-The supply of new homes for sale +2.0% to 309k (highest since March
2009), up 12.0% y/y. As a result of the decrease in sales, the months
supply on market rose to 5.9 months from 5.7 months in June and 6.0
months a year ago, showing that the supply remains adequate to meet demand.
-The median new home sales price +6.0% to $328,700, +1.8% year over year.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.