Tuesday, June 24, 2014

What's behind the blowout in new home sales?

 - by New Deal democrat

I have a new post up at XE.com looking at this morning's positive blowout of new home sales.

I think the best way to look at this number is to average it with March and April.  It's a volatile number, and probably had a lot to do with the 10 month lows in mortgage rates last month.