New Home Sales Inch Up in January But Fall Short of Expectations

The January release for new home sales from the Census Bureau came in at a seasonally adjusted annual rate of 661,000 units, falling short of the 680,000 forecast. New home sales were up 1.5% month-over-month from a revised rate of 651,000 in December and up 1.9% from one year ago. For a longer-term perspective, here [...] The post New Home Sales Inch Up in January But Fall Short of Expectations appeared first on ETF Trends .