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US January new home sales 657K vs 680K expected
USD
- Prior was 734K
- Single family sales -10.5%
- Months of supply at 9 vs 8 prior
- Prices +3.7% y/y to $446,300
All regions except the west saw large drops in new home sales. Home builders were downcast in the most-recent earnings calls.
Source: Forex Live
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