The latest housing data for the US
- +517k prev revised down from +546k
- mm -6.8% vs -0.1/+0.3% exp vs -1.1% prev revised down from +2.2% prev
USD has a little wobble on the softer data. Lowest new home sales figure since November
EURUSD 1.0960 GBPUSD 1.5496 USDJPY 123.84
- supply of new homes rises to 5.4 months from 4.8 mths
- median house price fell 1.8% from June 2014 to $281,800
- stock of new houses for sales increased 3.4% to 215k last month, highest since May 2010.
Wednesday brought more encouraging data for home re-sales. New home sales account for about 8% of the market
