US February new home sales 640K vs 650K expected | Forexlive

• Prior was 670K
• Change vs +7.2% prior
• Median sale price $438.2K vs $427.4K a year ago (+2.5%)
• Single family sales +1.1% vs +1.8% prior
• Units for sale at end of Feb 436k vs 439K prior

The housing numbers have been better in February but this is a modest disappointment. The March and April data is going to be very interesting as interest rates fall but (presumably) credit tightens due to the banking turmoil.