The latest reading on new home sales.
New home sales jumped less than expected.
New home sales climbed by 3.7% at a seasonally adjusted rate of 555,000 in January, according to the Census Bureau.
Economists had forecast that new home sales rose by 6.3% at a seasonally adjusted rate of 570,000, according to the Investing.com.
Last month's figures were revised to 535,000.
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