Sales of new single-family homes blew away estimates consensus coming in at annualized pace of 623,000 against estimate of 480,000.Wall Street was bracing for a 22% decline not a gain.
— Charles V Payne (@cvpayne) May 26, 2020
South +2.4% to 379,000
Midwest +2.4% to 86,000
Northeast +8,7% to 35,000
West -6.3% to 133,000 pic.twitter.com/s7PZYNaVZN