{"id":114589,"date":"2023-06-27T14:18:34","date_gmt":"2023-06-27T14:18:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/new-home-sales-rise-12-2-in-may-vs-0-5-expected-crypto-news\/"},"modified":"2023-06-27T14:18:35","modified_gmt":"2023-06-27T14:18:35","slug":"new-home-sales-rise-12-2-in-may-vs-0-5-expected-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/new-home-sales-rise-12-2-in-may-vs-0-5-expected-crypto-news\/","title":{"rendered":"New home sales rise 12.2% in May vs.  0.5% expected\n &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<ul>\n<li><strong>New Home Sales in the US rose at a much stronger pace than expected in May.<\/strong><\/li>\n<li><strong>US Dollar Index recovered from daily lows after this data.<\/strong><\/li>\n<\/ul>\n<p>Sales of new single\u2010family homes rose 12.2% in May to a seasonally adjusted annual rate of 763,000, the data published jointly by the US Census Bureau and the Department of Housing and Urban Development showed on Tuesday.<\/p>\n<p>This reading followed the 3.5% growth (revised from +4.1%) recorded in April and came in much higher than the market expectation for an increase of 0.5%.<\/p>\n<p>Median sale price in the same period stood at $416,300, down 7.6% from $450,700 in May 2022.<\/p>\n<h2 class=\"fxs_headline_medium\">Market response<\/h2>\n<p>The US <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">dollar index<\/a> recovered modestly from daily lows after this data and was last seen losing 0.25% on the day at 102.50.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: New Home Sales in the US rose at a much stronger pace than expected in May. US Dollar Index recovered from daily lows after this data. Sales of new single\u2010family homes rose 12.2% in May to a seasonally adjusted annual rate of 763,000, the data published jointly by the US Census Bureau and the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":69763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,843,255,364,250,333,252,247,253,6545,249,334,256,254],"class_list":["post-114589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-economicindicator","tag-gta","tag-housing","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-real-estate","tag-safe-moon","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/114589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=114589"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/114589\/revisions"}],"predecessor-version":[{"id":114590,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/114589\/revisions\/114590"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/69763"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=114589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=114589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=114589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}