The new home sales report for April was very strong at 619,000 on a seasonally adjusted annual rate basis (SAAR), and combined sales for January, February and March were revised up by 44 thousand SAAR. This was the highest sales rate since January 2008. Sales were up 23.8% year-over-year (YoY) compared to April 2015. And sales are up 9.0% year-to-date compared to the same period in 2015. Earlier: New Home Sales increased sharply to 619,000 Annual Rate in April . Click on graph for larger image. This graph shows new home sales for 2015 and 2016 by month (Seasonally Adjusted......(
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