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US January new home sales 657K vs 680K expected

US January new home sales 657K vs 680K expected

News
By Adam Button
26/02/2025 | 15:02 GMT
  • US new home sales data for January
US new home construction
  • Prior was 734K
  • Single family sales -10.5%
  • Months of supply at 9 vs 8 prior
  • Prices +3.7% y/y to $446,300

All regions except the west saw large drops in new home sales. Home builders were downcast in the most-recent earnings calls.

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