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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessDecember new home sales +3.7% to 621k SAAR,.>
US DATA: December new home sales +3.7% to 621k SAAR, well above the 590k
rate expected by MNI and the 583k Bloomberg consensus. November sales
were revised down to 599k and October sales were revised down to
549k. The Q4 average, at a 590k rate, stands below the 605k average for
Q3.
-Sales were up in the Northeast (+44.8%), the South (+5.0%), and the
West (+1.4%), but down in the Midwest (-15.3%).
-The supply of new homes for sale +3.0% to 344k, and +17.0% y/y.
-The months supply on market fell to 6.6 months from 6.7 months in
November, but was up from 5.5 months a year ago, showing that the supply
remains adequate to meet demand.
-The median new home sales price +5.0% to $318,600, -7.2% year over
year.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.