US: Releases May New Home Sales
The US is releasing May new home sales data at 10:00 ET
Consensus expectations: 640Ke v 622K prior Apr Metrics: - Median price: $422.5K v $413.6K prior (2.12% m/m) - Months supply (seasonally adjusted): 9.4 v 8.5 prior m/m - Homes for sale at end of period: 489K v 481K prior m/m - New Home sales (not seasonally adjusted) by region y/y: Northeast: -12.9%, Midwest -25.0%, South -9.8%, West +18.7% y/y