Market Focus

On Monday, February 26, 2018, it is worth paying attention to the data on sales of new housing in the US. Sales of new homes measure the annual level of new residential buildings that were sold during the past month. The data point to the development of the real estate market in the US and the welfare of the population.

According to the forecast, sales of new housing in the US in January will be 720K, which is higher than the previous month at 625K. As a percentage, sales growth will be 15.2%, against the decline in the previous period at the level of -9.3%. In case of data release within the forecast, the US dollar will receive support, so one should expect the American to grow within 30-40 points against competitors.

Alexander Sivtsov