US New-Home Sales Expected to Slow in October After September Jump

MT Newswires14:20 ET

U.S. stocks are fluctuating | The housing construction sector leads in gains, with existing home sales in October experiencing the first year-on-year increase in more than three years.

d.r. horton and toll brothers rose over 6%, while beazer homes usa, pultegroup, and lennar corp rose over 5%. According to the data from the National Association of Realtors (NAR), the total existing home sales in the usa for October was an annualized 3.96 million units, with expectations of 3.95 million units, and the previous value was 3.84 million units.

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