U.S. Markets closed
  • S&P Futures

    4,698.00
    -1.00 (-0.02%)
     
  • Dow Futures

    35,744.00
    -2.00 (-0.01%)
     
  • Nasdaq Futures

    16,386.00
    -6.25 (-0.04%)
     
  • Russell 2000 Futures

    2,269.00
    -0.80 (-0.04%)
     
  • Crude Oil

    72.65
    +0.29 (+0.40%)
     
  • Gold

    1,784.80
    -0.70 (-0.04%)
     
  • Silver

    22.40
    -0.03 (-0.14%)
     
  • EUR/USD

    1.1338
    -0.0006 (-0.0567%)
     
  • 10-Yr Bond

    1.5090
    +0.0290 (+1.96%)
     
  • Vix

    19.90
    -1.99 (-9.09%)
     
  • GBP/USD

    1.3200
    -0.0006 (-0.0475%)
     
  • USD/JPY

    113.7480
    +0.0110 (+0.0097%)
     
  • BTC-USD

    50,318.78
    -161.12 (-0.32%)
     
  • CMC Crypto 200

    1,316.72
    +11.60 (+0.89%)
     
  • FTSE 100

    7,337.05
    -2.85 (-0.04%)
     
  • Nikkei 225

    28,833.21
    -27.41 (-0.09%)
     

New-Home Sales Climb Amid Shortage of Existing Homes

·2 min read
New-Home Sales Climb Amid Shortage of Existing Homes

Sales of new single-family houses in August reached a seasonally-adjusted annual rate of 740,000, a 24% decrease from last year but an increase from July’s revised rate of 729,000, the Census Bureau and Department of Housing and Urban Development said Friday. Home prices remained at a survey high in August as builders continued to deal with materials and labor shortages. The median sales price was $390,900, on par with July’s rate, which was revised higher.