New Home Sales at 616,000 Annual Rate in December; Previous 3 Months Revised Down Sharply
Annual Sales down 16.4% in 2022
The Census Bureau reports New Home Sales in December were at a seasonally adjusted annual rate (SAAR) of 616 thousand.
The previous three months were revised down sharply.
Sales of new single‐family houses in December 2022 were at a seasonally adjusted annual rate of 616,000, according to estimates released jointly today by the U.S. Census Bureau and the …