New home sales rose by 6.1% in February, greater than expected.
The biggest winner? The Midwest! (Home of the Chicago Cubs, Cleveland Indians and … Pawnee Indiana!)
The growth in new home sales has lagged existing home sales since 2009.
But in terms of median price, median price for new home sales has been accelerating from median price for existing home sales since 2009.
Existing home sales? Down 3.7% MoM in February.
The Midwest includes Pawnee Indiana!