Alarm! US New Homes Sales DOWN -19% Since Last Feburary (Median Sales Price DOWN -8.18% Since Dec 31, 2022) – Confounded Interest – Anthony B. Sanders

Alarm!

New home sales rose 1.11% since January and is down -19% since last February (YoY).

The median price of new home sales is down a whopping -8.18% since December 2022. And average price is down -12.83%.