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Sales of new single-family houses in January 2015 were at a seasonally adjusted annual rate of 481,000, beating forecasts on a rate of 471,000. This is 0.2% below the revised December rate of 482,000, but is 5.3% above the January 2014 estimate of 457,000.

The median sales price of new houses sold in January 2015 was $294,300; the average sales price was $348,300. The seasonally adjusted estimate of new houses for sale at the end of January was 218,000. This represents a supply of 5.4 months at the current sales rate.

 

Data did not have any major impact on the markets. Euro is currently being traded around 1.1340 level, Sterling is slightly below 1.55 handle, while Aussie is few points above 0.7880 area.

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