More on New Home Sales: The seasonally-adjusted rate of 411K is off 4.6% from January, but up...

|By:, SA News Editor

More on New Home Sales: The seasonally-adjusted rate of 411K is off 4.6% from January, but up 12.3% Y/Y. Inventory rises to a 4.4 month supply from 4.1 in January, but down from around 5 months a year ago. The XHB gains 0.4%. (full report)