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Tuesday, September 26, 2017

US August new home sales 560K vs 585K expected

September 26, 2017 0 comments
US August new home sales data - Prior was 571K (revised to 580K) - Down 3.4% m/m - Median price $300,200, up 0.4% y/y Weak numbers but it could be Harvey related. The pricing cap on new homes is keeping a lid on the entire market but an increasing problem is the slowdown in new house construction.
US August new home sales 560K vs 585K expected
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