New home sales hit best record in 5 years, but still show YoY deceleration

 - by New Deal democrat

Housing bulls finally got a piece of good news this morning in the January new home sales report.

But the YoY% change is still close to the lowest in 2 years.  I'll have more later at XE.com and I'll update this post with a link.

UPDATE:  Here's the link to my extended discussion at XE.com.