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Dec new home sales -9.3% to 625k SAAR, well.>

US DATA
US DATA: Dec new home sales -9.3% to 625k SAAR, well below the 679k rate 
expected. There were downward revisions to the sales pace in Nov and Oct. 
-Sales were down in all regions: in the Northeast by 2.4%, in the South 
by 9.8%, in the West by 9.5%, and in the Midwest by 10.0%. 
-The supply of new homes for sale +3.9% to 295k, a high since April 2009, 
and +15.2% y/y. 
-As a result of the fall in sales and the increase in new homes for sale, 
the months supply on market jumped to 5.7 months from 4.9 months in Nov. 
-The median new home sales price +0.1% to $335,400, and +2.6% y/y. Both 
the median and average new home sales prices were highest since series 
start in Jan 1963.  

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