Aug. New Home Sales Down 2.3% to 295K, vs. Cons. 293K
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New home sales for the month of August come in at 295,000, which compares to the economist estimate of 293,000. The initial reading for July was revised higher from 298,000 to 302,000.
New home sales on a month-over-month basis fell 2.3%. The Street was looking for a 1.7 percent decline.
New home sales on a month-over-month basis fell 2.3%. The Street was looking for a 1.7 percent decline.
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