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Spot The Odd One Out – New Home Sales Spike To 7-Month Highs
Thursday, March 23, 2017 9:34
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zerohedge.com / by Tyler Durden / Mar 23, 2017 10:06 AM
Existing home sales – down; pending home sales – down; affordability (as rates spike) – down; new home sales – up at 7-month highs (beating all but one of 70 economists’ estimates)
New Home Sales SAAR in Feb printed 592k (beating expectations of 564k by 3 standard deviations)…
Weather played a big role by the look of it…
Northeast sales tumbled 21.4% MoM as Midwest soared 30.9% MoM!
And home prices appeared to tumble to the lowest since July.
The post Spot The Odd One Out – New Home Sales Spike To 7-Month Highs appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/03/23/spot-the-odd-one-out-new-home-sales-spike-to-7-month-highs/
