US New home sales change 22 December 2017

  • Prior 685K. Revised to 624k
  • Change 17.5% vs -4.7% exp m/m. Prior 6.2%
  • Supply 4.6 months vs 5.4 months prior
  • Median sale prices $318,700 vs $315,000 Nov 2016

A further tightening in supply which could lead to prices rising.

 

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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