New Home Sales "Better, Not Strong", and Regionally Very Uneven: US +6.7%, Midwest +47.4%, Northeast -26.7%
May 23, 2014Spread the love
± 18.2 ± 22.3 Year-over-year, the US is down, the South is down, the Northeast is down, and the West is down. Only the Midwest is up. And please note the exceptionally wide confidence levels for Midwest sales. The Census bureau adds these additional notes "Changes in seasonally adjusted statistics often show irregular movement.