Results of the March new home sales report:
- Prior was 411K
- Single-family homes +1.5% vs -7.6% in Feb
- Median sale price +3.0% y/y
Markets have completely shrugged off this report and the Richmond Fed. Stocks and USD/JPY now at the highs of the day.
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US March new home sales 417K vs 416K exp
US March new home sales 417K vs 416K exp
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