New Home Sales Rise 10.74% In October As Median Price Falls -5.2%

Good news for homebuilders! New home sales rose 10.74% in October.
However, median prices for a new home sale fell -5.2%.
The growing new home sales are look different than the flat-lined mortgage purchase applications index.

This post was published at Wall Street Examiner by Anthony B. Sanders ‘ November 25, 2015.