The latest reading on new home sales in the US is set for release at the top of the hour.
Expectations are for sales to rise 5.8% in July after a 6.8% decline in June.
Home sales are expected to hit an annualized pace of 510,000 in July.
This data follows data on home prices in June which showed price increases were a bit less than expected compared to the prior month.
We’ll be back with the live numbers when they drop.