New Home Sales Flat In February (-0.6% MoM), Back To 1995 Levels Despite Population Growth

By Anthony B. Sanders

New home sales for February fell a meager -0.6% MoM (essentially flat) to 618k units SAAR.


It is the third straight month of MoM new home sales.


Too bad new homes sales are only at 1995 levels, despite a large population increase from 1994 to today.


The Median Price for New Home Sales rose slightly in February and continued its upward march.


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