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...

Elena HolodnyDec 23, 2014, 18:28 IST

New home sales data will be out at 10 AM on Tuesday.

Expectations are for an annualized pace of 460,000 units.

In October, new home sales climbed 0.7% to an annualized pace of 458,000 units - below expectations of 471,000.

"...updates on existing and new home sales probably will support the FOMC's observation that the recovery in the housing sector remains slow," writes Societe Generale's Michala Marcussen.

For November, existing home sales plunged 6.1% - which was much worse than expected.

Stay tuned for the numbers...