December New Home Sales: Inventory of homes under construction highest since 2007
New Home Sales increase to 811,000 Annual Rate in December; Sales down 7.3% in 2021
The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 744 thousand.
The previous three months were revised down, combined.
Sales of new single‐family houses in December 2021 were at a seasonally adjusted annual rate of 811,000, according to estimates released jointly today by the U.S. Census Bureau and th…
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