Saturday, 25 February 2017

New Home Sales Rise Half of Economists’ Expectations, Supply Surges

New Home Sales Rise Half of Economists’ Expectations, Supply Surges

mishtalk.com / Mike “Mish” Shedlock / February 24, 2017 12:41:54

New homes sales hit the skids in December, down 10.4 percent. December numbers were revised slightly lower today.

The ever optimistic economists in the Econoday survey expected a huge rebound in new home sales in January from 535,000 units to 576,000 units SAAR (seasonally

February 24, 2017 at 09:20PM

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