Written by John Lounsbury and Steven Hansen New home sales data for January 2014 was mixed – the seasonally adjusted headlines are much prettier than the unadjusted data. This is an extremely volatile data series.
Tag Archives: new home sales
Durable Goods Orders Flat for Past Two Years
The headline number for seasonally adjusted, nominal durable goods orders fell 4.3% in December. That was worse than the lowest guess of economists in a survey conducted by Bloomberg.
New Home Sales Tank in December – It’s The Demand, Stupid!
New home sales in the US in December were an unqualified disaster. The headline number came in at a seasonally adjusted rate of 414,000 for the month, missing the consensus estimate of 457,000 by a mile.
December 2013 New Home Sales Disappointing
Written by John Lounsbury and Steven Hansen New home sales data for December 2013 declined – this data included some moderately negative backward revision. The data remains very noisy and needs to be averaged to make any sense of it.
November 2013 New Home Sales Declined But Still Good
Written by John Lounsbury and Steven Hansen New home sales data for November 2013 declined – this data included some very good backward revision. The data remains very noisy and needs to be averaged to make any sense of it.