Report
Data Round-Up: New Home Sales Retrench in April; Fed Bank Surveys Mixed in May
posted by Michael Lewis on May 23, 2017
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Headline
New home sales fell more than expected in April, reflecting further payback from the mild winter and normal volatility. In any case, sales have leveled off in recent months after rising at a good clip for the past few years.
Abstract
FMI’s analyses of today’s April New Home Sales, plus notes on today's May Richmond & Philadelphia Fed regional surveys.