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December New Home Sales Below Expected At...>

US DATA
US DATA: December New Home Sales Below Expected At 694k SAAR
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- December new home sales -0.4% to 694k SAAR vs expected 730k
- November sales rev down to 697k SAAR from 719k
- Median home prices +3.3% to $331,400 after November $320,900; +0.5% 
y/y 
- December sales breakdown: NE -11.8%, MW +10.1%, South -15.4%, West 
+31.0% 
- New home sales in West highest since December 2006
- Supply of new homes for sale +1.6% to 327k; -5.5% y/y 
- Months supply on the market up to 5.7 months

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