IPFS News Link • Housing
New Home Sales Tumble By Most In Almost 2 Years As Northeast Crashes
• zerohedge.comAn 11.1% drop MoM - the biggest since July 2013 - dragged new home sales back below 500k to 481k SAAR - the biggest miss in a year. Sales of new homes collapse 33.3% in The Northeast and The South saw new home sales crash 15.8%.
But the weather didn't affect Existing Home Sales: