US August new-home sales
The US August new-home sales the the estimates with a rise to 713K vs 658K estimate. The gain was 7.1%.
- prior month revised higher to 666K from 635K.
- three month average 02.6K
- month supply 5.5 versus 5.9 last month
- median price $328,400 versus $305,400. YoY change 2.2%
- mean price $404,200 versus $372,700. YoY change 6.1%
Good housing data. Supplly remains a constraint.
