US new home sales for July 0.739M vs 0.625M expected

• Prior was 0.617m (revised to 0.668m)
• Median sales price: $429,800 vs $417,300 prior
• Seasonally-adjusted estimate of new houses for sale at the end of July 462,000 vs 476,000 prior
• Supply at 7.5 months vs 9.1 prior

This number and the big revision really changes the picture on the demand for new homes.

Here is the new chart:

Here was the old chart: