Feb. New Home Sales: 250K, vs. Cons. 290K, Down 16.9% MoM
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New home sales for the month of February come in at 250,000, vs. the consensus of 290,000. January's initial reading of 284,000 was revised higher to 301,000.
On a month-over-month basis, new home sales plummeted 16.9%, vs. the consensus of 2.1%. New home sales during January tumbled 9.6%.
On a month-over-month basis, new home sales plummeted 16.9%, vs. the consensus of 2.1%. New home sales during January tumbled 9.6%.
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