US new home sales data for November 2017
- Prior was 685K
- +17.5% m/m compared to -4.4% expected
- Supply at 4.6 months vs 5.4 prior
- US homes for sale at month-end at 0.283m vs 0.283m prior
- Median sale price $318,700 vs $315,000 a year ago (+1.2%)
Housing is ripping. Everyone sold their Bitcoin to buy a house, evidently.
Still a long ways to go though:
