1/26, 4:01 PM (Source: TeleTrader)
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US new home sales up by 2.3% in December

Sales of new single‐family houses in the United States observed a monthly increase of 2.3% in December 2022 to reach 616,000, the US Census Bureau stated in its report published on Thursday. On the other hand, on the annual level, the figure declined by 26.6%.

The median sales price of new houses sold in December 2022 stood at $442,100, while the average price was at s $528,400.

The seasonally‐adjusted estimate of new houses for sale at the end of December came in at 461,000, a supply of nine months at the current sales rate.

Baha Breaking News (BBN) / JR