New Home Sales Disappoint, Slump To 5-Month Lows

01-27-2020 • https://www.zerohedge.com by Tyler Durden

Following the big upside surprise in existing home sales, analysts expected new home sales to extend gains further in December but they disappointed significantly, dropping 0.4% MoM (vs +1.5%) and worse still, November's 1.3% jump was revised drastic