- New home sales hit a fresh post-recession high in September.
- Major revision downward of August sales still preserves the overall uptrend from the post-recession lows.
- This month's notably large move occurred in the under $150K segment of sales. The share of all sales in this segment had been trending downward for 2 years.
- The reaction to the data from iShares US Home Construction provides a potential sign that 2014's downtrend is finally reaching an end.