New Home Sales "Better, Not Strong", and Regionally Very Uneven: US +6.7%, Midwest +47.4%, Northeast -26.7%
MishTalk
MAY 23, 2014
The Census Bureau Residential Home Sales report shows Sales of new single-family houses in April 2014 were at a seasonally adjusted annual rate of 433,000. Sales are 6.4 months at the current rate of sales. 2014 January (r) 457 30 51 256 120 5.0 2014 January (r) 457 30 51 256 120 5.0 Supply is 5.3
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