On the heels of yesterday’s explosive (but not a bubble) Existing Home Sales, May New Home Sales printed 546k – up 2.2% MoM – (against expectation of 523k). This is the highest SAAR new home sales since Feb 2008.
On the heels of yesterday’s explosive (but not a bubble) Existing Home Sales, May New Home Sales printed 546k – up 2.2% MoM – (against expectation of 523k). This is the highest SAAR new home sales since Feb 2008.