New Home Sales Rebound in February; Just Below Forecast
New home sales rebounded slightly in February but still came in just below the forecast. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 676,000 in February, below the 682,000 forecast. This represents a 1.8% increase from January’s upwardly revised rate of 664,000 and a 5.1% rise from [...] The post New Home Sales Rebound in February; Just Below Forecast appeared first on ETF Trends.
New home sales rebounded slightly in February but still came in just below the forecast. According to the Census Bureau, new home sales were at a seasonally adjusted annual rate of 676,000 in February, below the 682,000 forecast. This represents a 1.8% increase from January’s upwardly revised rate of 664,000 and a 5.1% rise from [...]
The post New Home Sales Rebound in February; Just Below Forecast appeared first on ETF Trends.
