New Home Sales Perk Up in July

Sign Up to Receive an Email Alert when Flash Headlines are Published

 

Economic Update: New Home Sales

The Commerce Department reported New Home Sales in July rose 13,000 to an annualized rate of 372K. This was above the consensus expectation for a rate of 366K.

Last 12 Months results for comparison purposes:

• June: 359K
  
• May: 382K
  
• April: 343K
  
• March: 332K
  
• February: 353K
  
• January: 318K
  
• December: 307K
  
• November: 314K
  
• October: 310K
  
• September: 303K
  
• August: 296K
  
• July: 298K

Recall that this data series is based on contracts signed and not actual sales.

How does this report affect our short-term trading strategy? Take a Free Trial of the All-NEW Daily Decision (the new “adaptive” system is now more active and more sensitive to trend changes) to find out. Even if you've taken a free trial of the Daily Decision in the past, you owe it to yourself to check out the new system.

Download our Special Report on the New "Adaptive" Daily Decision System

Other stories on the US Economy to review:

• Flash Manufacturing PMI Improves Slightly in August
  
• Existing Home Sales Rebound in July
  
• LEI Above Expectations in July
  
• Philly Fed Index Upticks but is below Zero Again
  
• Housing Starts Down and Building Permits Up in July
  
• Industrial Production, Capacity Utilization Up in July
  
• Empire Manufacturing Dives in August
  
• CPI Remained Flat in July
  
• Retail Sales Rebound in July
  
• PPI Hotter Than Expected in July
  
• NFIB Small Business Optimism Sags
  
• Wholesale Inventories Decline - And Yes, you should Care
  
• Q2 Worker Productivity and Labor Costs Rise
  
• ISM Services Perks Up
  
• Job Growth Improves in July
  
• Factory Orders Miss Mark in June
  
• Challenger Planned Job Cuts Drop in July
  
• ISM Manufacturing Still Sub-50 in July
  
• ADP Employment Report Surprises to Upside in July
  
• Consumer Confidence Perks Up in July, But...
  
• Chicago PMI Headline BTE, But Employment Dives
  
• Personal Income Up, Spending Flat in June
  
• GDP Slows to 1.5% in Q2
  
• Pending Home Sales Down in June
  
• Durable Goods Up on Transportation Orders

 

  SPDR Homebuilders Last 12 Months

 

 

Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.