- February new home sales of 440K (seasonally adjusted, and an annualized rate) slipped 3.3% from January's revised-lower figure of 455K, were 1.1% lower than a year ago. The median price of $261.800 is off 1.2% from a year ago. Houses for sale as of the end of February stands at 189K, representing a 5.2 month supply at the current sales rate.
- The homebuilders are up, but give up some of their early gain. ITB +0.3%, XHB +0.6%
- Full report