New home sales for March were reported at 627,000 on a seasonally adjusted annual rate basis (SAAR). Sales for the previous three months were revised down. New home sales are counted when contracts are signed, so the impact of COVID-19 was probably in the second half of March. I expect sales will decline significantly […]
source https://thebtrader.com/2020/04/23/a-few-comments-on-march-new-home-sales/?utm_source=rss&utm_medium=rss&utm_campaign=a-few-comments-on-march-new-home-sales
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