DECEMBER NEW HOME SALES RISE AFTER NOVEMBER’S DROP

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Key Points:

  • New home sales rose 8.0% in December from November to a seasonally adjusted 664K.
  • New home sales were 4.4% higher than December 2022.
  • An estimated 668K new homes were sold in 2023. This is 4.2% above the 2022 figure of 641K.
  • The median sales price of new houses sold in December 2023 was $413,200 and the average sales price was $487,300.
  • The Right Facts will continue to monitor home sales.
Source