US new home sales January 2018 0.593m vs 0.645m exp

January 2018 Us new home sales report 26 February 2018

Prior 0.625m. Revised to 0.643m
Median sale price $323,000 vs $315,200 Jan 2017
Supply 6.1 months vs 5.5 months prior

Unlike last week’s existing home sales, we haven’t seen a drop in prices. That stoked possible worries that rate hikes were biting. The jump in supply could be a seasonal thing too so we’ll see how that washes out. If it carries on increasing, that will likely put pressure on prices.

USD hasn’t done very much at all on the numbers.