Pantheon Macroeconomics - New home sales have tended to track the path of mortgage applications over the past year or so, with a lag of a few months.  The message for today's January sales numbers, show in our next chart, is that sales likely dipped a bit, to about 525K.

U.S. | 24 February 2017 Did the Warmer-than-Usual January Lift New Home Sales?
New home sales have tended to track the path of mortgage applications over the past year or so, with a lag of a few months. The message for today's January sales numbers, show in our next chart, is that sales likely dipped a bit, to about 525K.

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24 February 2017 Did the Warmer-than-Usual January Lift New Home Sales?

By Ian Shepherdson

New home sales have tended to track the path of mortgage applications over the past year or so, with a lag of a few months. The message for today's January sales numbers, show in our next chart, is that sales likely dipped a bit, to about 525K.

Posted: 23rd Feb 2017 in 'U.S.'

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