Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here Comes New Home Sales...

Mamta BadkarFeb 26, 2014, 20:09 IST

AP Photo

New home sales for January are out at 10 a.m. ET.

Economists polled by Bloomberg are looking for new home sales to fall 3.4% month-over-month to an annualized pace of 400,000.

This compares with a 7% fall to 414,000 in December.

Housing starts continue to fall and the extreme cold are expected to be weighing on housing data.

But homebuilder confidence also tanked in February and this was in part attributed to a shortage of labor and lots.