New Home Sales Rose 14.8% In April | Tainted Alpha

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New Home Sales Rose 14.8% In April

May 26th, 2010 by Belisarius

New home sales rose 14.8% in April to 504.000, the consensus was at 425.000, prior reading was at 411.000. The first home-buyer tax credit program expiration again distorted the reading.

Chart 1. New Home Sales

Source: Blytic.com

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This entry was posted on Wednesday, May 26th, 2010 at 4:25 pm and is filed under U.S. Housing. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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