Market foсus

On Monday, November 27, 2017, 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 indicate the development of the real estate market in the US and the welfare of the population.

According to the forecast, the sale of new housing in the US in October will be 625K, which is lower than in the previous month at 667K. As a percentage, the decrease in sales will be -6.3%, against the previous value of 18.9%. In case of the release of data within the forecast, the US dollar will be under pressure, so one should expect the American to fall within 20-30 points against the competitors.

Alexander Sivtsov