Maraaz New home sales in the USA increased by 4.8 percent per month in August to 1 million 11 thousand. It peaked at the highest recorded since September 2006.
The US Department of Commerce announced new home sales statistics for August.
New home sales in the country increased by 4.8 percent in August compared to the previous month. In this period, 1 million 11 thousand new houses were sold in the USA.
New home sales, which increased contrary to market expectations and climbed to the highest level since September 2006.
It was expected to decline to 895 thousand with a decrease of 1 percent in the said period.
The recovery trend it caught in May continued with the effect of new housing sales, economic normalization and low interest rates.
New housing sales increased by 43.2 percent compared to the same month last year.
New housing sales figures for July were revised from 901 thousand to 965 thousand.
In the USA, the average sales price of new houses put up for sale in August fell by 6 percent compared to last year and fell to 369 thousand dollars.
