U. S. FEB. NEW HOME SALES REVISED TO 1.27M V. 1.23M10:00am 04/26/05 U. S. MARCH...

U. S. FEB. NEW HOME SALES REVISED TO 1.27M V. 1.23M10:00am 04/26/05 U. S. MARCH NEW HOME INVENTORY 3.6-MONTH SUPPLY10:00am 04/26/05 U. S. MARCH NEW HOME INVENTORY DOWN 0.9% TO 433,00010:00am 04/26/05 U. S. MARCH NEW HOME SALES BEAT 1.19M EXPECTED10:00am 04/26/05 U. S. MARCH NEW HOME SALES UP 12% TO RECORD 1.43 MILLION Record New Home Sales....Were you impressed? I was not (more on this in an upcoming blog) but for now let's take a look at the market's reaction. Click on image for enhanced view. Click on image for enhanced view. If the Market was not impressed, should anyone else be? Looks to me as if it was all priced in if not more. Mike Shedlock / Mishhttp://globaleconomicanalysis. blogspot. com/

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