U.S. New Home Sales Fell 12.6% In January

February 25th, 2011 by Belisarius

(For January)

To keep track…

U.S. new home sales fell 12.6% to 284.000 SAAR; Consensus was  at 310.000 SAAR, prior reading (revised downward 4.000) was at 325.000 SAAR.

Month of supplies rose from 7.0 to 7.9 months. Backlog of unsold new homes is at 188.000.

 

This entry was posted on Friday, February 25th, 2011 at 4:27 am and is filed under U.S. Economic Data, U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Comments are closed.

 
Get Adobe Flash player