U.S. New Home Sales Fell 2.3% In August

(For August 2011)

U.S. new home sales fell 2.3% to 295.000 SAAR; Consensus was  at 293.000 SAAR, prior reading (revised upward 4.000) was at 301.000 SAAR.

New home month of supply rose from 6.5 to 6.6 months. Backlog of unsold new homes is at 162.000.

This entry was posted on Monday, September 26th, 2011 at 8:32 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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