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Flat conditions for new home sales, 618K annual rate in Feb. 5.9 months supply. However, data for Nov thru Jan were revised up. We expect the market to post ongoing, modest increases in sales volume in 2018.
Republican and Democrat leaders struck a deal yesterday on a $1.3 trillion omnibus spending package that missed a golden opportunity to significantly strengthen the Low Income Housing Tax Credit (LIHTC) program. Details on #NAHBNow https://t.co/jx1ZXKo0ma