US January new house gross sales 657Okay vs 680Okay anticipated

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  • Prior was 734Okay
  • Single household gross sales -10.5%
  • Months of provide at 9 vs eight prior
  • Costs +three.7% y/y to $446,300

All areas besides the west noticed massive drops in new house gross sales. House builders have been downcast within the most-recent earnings calls.

This text was written by Adam Button at www.ubaidahsan.com.



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