There was a lot of headscratching in today’s New Home Sales reported released moments ago by the Census Bureau, according to which there was a whopping 619K new home sold in April, up from the upward revised 531K (was 511K), and smashing expectations of a 523K print, driven by a surge in Northeast home sales which soared unexpectedly from 36K in March to 55K in April, a completely unexplained 53% spike.
Published in TZ Latest News 24 May, 2016 by The TZ Newswire Staff
Americans Bought The Most New Homes In 8 Years Just As The Median Price Hit An All Time High
Published in TZ Latest News 24 May, 2016 by The TZ Newswire Staff
Americans Bought The Most New Homes In 8 Years Just As The Median Price Hit An All Time High
There was a lot of headscratching in today’s New Home Sales reported released moments ago by the Census Bureau, according to which there was a whopping 619K new home sold in April, up from the upward revised 531K (was 511K), and smashing expectations of a 523K print, driven by a surge in Northeast home sales which soared unexpectedly from 36K in March to 55K in April, a completely unexplained 53% spike.