Plunging US home sales not weather's fault

by Ashraf Laidi

Apr 23, 2014 18:30

Sales of new homes in the US plunged 14.5% in March to 384,000 annualized units, the lowest level in eight months. The 14.5% decline was the 3rd biggest monthly drop in 20 years, with the larger declines seen in July 2013 and May 2010 at -17.1% and -33.5% respectively. Full charts & analysis here

Click To Enlarge

Act	Exp	Prev	GMT
New Home Sales (MAR) (m/m)
0.384M	0.450M	0.449M	Apr 23 14:00
New Home Sales Change (MAR) (m/m)
-14.5%		-4.5%	Apr 23 14:00

Latest IMTs

• Is that it for Oil?
  by Ashraf Laidi | Mar 9, 2026 13:27
• Oil Metrics & Gold Risks
  by Ashraf Laidi | Mar 6, 2026 20:39
• Oil Inflection 77, 78
  by Ashraf Laidi | Mar 5, 2026 12:02
• Gold Daily, Weekly & GoldBugs
  by Ashraf Laidi | Mar 4, 2026 16:35
• Gold and Silver Repeat June 13 Playbook
  by Ashraf Laidi | Mar 3, 2026 13:35