New Home Sales for February 2006
The February, 2006 New Home Sales report was released this morning:
Consensus: 1,200,000
Actual: 1,080,000
Compiled by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, 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.
Click here to view the full Commerce Department report (PDF).
Consensus: 1,200,000
Actual: 1,080,000
Compiled by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, 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.
Click here to view the full Commerce Department report (PDF).
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posted by Steve Brown | 3/24/2006 12:21:00 PM
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