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U.S. New Home Sales Unexpectedly Jump 3.7% In December

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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New home sales in the U.S. unexpectedly showed a notable increase in the month of December, according to a report released by the Commerce Department on Tuesday.

The report said new home sales jumped by 3.7 percent to an annual rate of 621,000 in December after surging up by 9.1 percent to a revised rate of 599,000 in November.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.