US March 2019 new home sales

  • Prior was 667K (revised to 662K)
  • Median sale price $302.7K vs 335.4K a year ago (-9.7%)
  • Single family sales +4.5% vs +5.9% prior

That's

a nice jump in sales but it's coming as builders offer lower-priced

homes so I wouldn't say it's a sign of a roaring housing market.