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Economic Data (USA)

Friday, January 27, 2006

New Home Sales for December 2005

The December, 2005 New Home Sales report has been released:

Consensus: 1,250,000
Actual: 1,269,000

Compiled by the U.S. Commerce Department, the monthly New Home Sales report measures the number of newly-built homes with committed buyers for a given month. The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners and cooking ranges.



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