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US New Home Sales Collapse By Most In 13 Years In January

US New Home Sales Collapse By Most In 13 Years In January Despite falling mortgage rates, analysts expected December's drop in new home sales to accelerate in January... and accelerate they did... crashing a stunning 17.6% MoM (-2.7% MoM exp) - the biggest MoM drop since July 2013. This huge MoM drop dragged sales down 11.3% YoY - the worst slide in three years... Source: Bloomberg This huge drop dragged the new home sales SAAR down to its lowest since 2022, catching down to existing and pending sales... Inventories are up (Houses for sale...
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Apr 2, 2026 / Tyler Durden
Putin To Saudi Crown Prince: Russia Ready To Do Everything To Stabilize Mideast Crisis
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Apr 13, 2026 / Tyler Durden
How Iran's Mosaic Doctrine Is Fracturing
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Aug 29, 2026 / Tyler Durden
Pezeshkian Says Iran To Increase Gasoline Prices, Coupled With Rare Admission About US Sanctions
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