New home sales fell 1.8% in Feb. Yr-to-yr median sales price down 2.7%, but mth-to-mth rose by 8.2% to $244k.
Inventory fell 2.1% to 471k homes, which would take 9.8 mths to clear.
* CNBC-NewHomes *
Thursday, March 27, 2008
Feb US New Home Sales Fell 1.8%
Labels:
Residential,
Supply,
US
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