U.S. New Home Sales Unchanged In August, Down 28.9% YoY

September 24th, 2010 by Belisarius

(For August)

U.S. new home sales were unchanged in August at 288.000 SAAR, the consensus was  at 295.000 SAAR, prior reading (revised upward 12.000) was also at 288.000 SAAR.

And markets move higher on this too…

Chart 1. U.S. New Home Sales SAAR

U.S. Census Bureau

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