US: New Home Sales rise by 421.000 in August

FXstreet.com (Barcelona) - On a monthly basis US New Home Sales were at 421.000 in August, up from 390.000 registered in July and beating forecasts of 420.000, the U.S. Census Bureau reported on Wednesday.

The sales grew by 7.9% which is the fastest pace registered since January. In July the recorded a 14.1% fall.