The March reading of new home sales is out.
The headline number climbed 1.5% to an annualized rated of 417k.
Economists were looking for a 1.2% increase to a level of 416k.
The discrepancy in the numbers comes from the fact that last month's...
New home sales fell 4.6 percent month-over-month in February, to an annual rate of 411,000.
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This was worse than expectations for a 3.9 percent fall to an annual rate of 420,000.
But new home sales were up 12.3 percent...
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