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New Home Sales Retreat


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2017 May 23, 7:39am   863 views  1 comment

by Rew   ➕follow (0)   💰tip   ignore  

https://apnews.com/69bf9c80c1d24e159e218035cab449d3/US-new-home-sales-fell-11.4-percent-in-April,-most-in-2-yrs

Any theories on reason for this? Seems large even if it is just an anomaly.

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1   Strategist   2017 May 23, 8:30am  

Rew says

Any theories on reason for this? Seems large even if it is just an anomaly.

A moving average of 3, 6, or 12 months would iron out the month to month volatility.
If you look at the homebuilder stocks, there is virtually no change.

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