New-home sales rise in February to 11-month high: a ‘Goldilocks’ moment for housing? - MarketWatch

New-home sales rise in February to 11-month high: a ‘Goldilocks’ moment for housing? - MarketWatch: The numbers: New-home sales ran at a seasonally adjusted annual 667,000 pace in February, the Commerce Department said Friday. That was 4.9% higher than January’s rate, but just 0.6% above year-ago levels.