US: New Home Sales rise 4.1% in April vs. 3.3% expected

• New Home Sales in the US continued to rise in April.
•  US Dollar Index stays in positive territory above 103.00.

Sales of new single‐family houses rose 4.1% in April to a seasonally adjusted annual rate of 683,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday.

This reading followed the 4% growth (revised from +9.6%) recorded in March and came in slightly better than the market expectation for an increase of 3.3%.

Market reaction

The US Dollar Index showed no reaction to this report and was last seen rising 0.2% on the day at 103.43.