New home sales in January fell 10.2% to 309,000 from December, short of the expected 330,000....

|By:, SA News Editor
New home sales in January fell 10.2% to 309,000 from December, short of the expected 330,000. Dec. was revised to 344,000 from 331,000. Median price was $201,100. At the current sales rate, there's 13.3 months of supply.