US new home sales beat expectations
New Home Sales Jump More Than Expected In December
The seasonally-adjusted estimate of new houses for sale at the end of December was 494,000. That represents a supply of 8.5 months at the current sales rate. Earlier this month, home builders said cancellations on new homes were increasing because of high mortgage rates.
There were 698,000 (SAAR) new single family home sales nationwide in December. That’s up 3.6% from the revised November rate of 674,000 and up 6.7% from the December 2023 estimate, according to the U.
The new-home sales figure exceeded expectations on Wall Street. Economists surveyed by Dow Jones Newswires and the Wall ...
Sales of new U.S. single-family homes increased more than expected in December, further evidence that housing market activity ...
The Census Bureau’s December release for new home sales came in at a seasonally adjusted annual rate of 698,000 units. This figure was higher than the 669,000 forecast. New home sales ...
The annual pace of new single-family home sales accelerated 3.6% to 698,000 last month, reflecting a sharp advance in the ...
New U.S. single-family home sales rose 3.6% in December to a seasonally adjusted annual rate of 698,000 units, exceeding economists’ expectations of 675,000 units, according to the Commerce ...
New home sales rose 3.6% in December, ending 2024 higher amid limited inventory, the NAHB said. The median price increased ...
Greater Toronto Area, January 27, 2025 – Greater Toronto Area (GTA) new home sales remained extremely low in December, ...
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