Government Shutdown Will Delay New-Home Sales Report

The market for new homes still may be stuck in a rough patch, but traders won’t know for sure now that there’s a partial government shutdown. That’s because Thursday’s key report on new-home sales will be delayed, according to a spokeswoman for the Commerce Department’s Census Bureau, which releases that report and is one of the parts of the government affected by the lapse in funding. October’s report showed new-home sales falling to a nearly three-year low, sparking talk about the market being “well into a correction period.”