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New home sales in April reached 623,000,....>

US DATA
US DATA: New home sales in April reached 623,000, a 0.6% increase from March's
revised rate of 619,000. New home sales in March beat market expectations for a
decline to 493,000. The uptick is welcome news following March's drop from
February's 717,000, before Covid-19 and social distancing disrupted the foot
traffic needed by those looking to sell homes. The median sales price for new
homes sales in April was $309,900. All regions showed an increased in new home
sales with the exception of the West, which saw a -6.3% m/m decline.

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