New Home Sales Tumble

  • Following the continued decline in existing home sales, new home sales were expected to drop notably in December (after two months of surprising improvements).
  • After rising 8.2% and 5.8% MoM respectively in the last two months (as mortgage rates dipped and homebuilder incentives soared), new home sales surprised once again – rising 2.3% MoM (dramaticaly better than the 4.4% decline expected).
Click to read full article Go back home

Sign Up for Our Newsletter

Join our list!

Sign up here to get our daily newsletter with the top trending headlines.