![]() ![]() Housing News Updates are provided in partnership with Mortgage News Daily. In the South there was a +0.4 percent change from November and no movement whatsoever from the previous December. The West saw sales increase by 21.0 percent and 21.9 percent for the two periods. ![]() Sales in the Midwest jumped up by 31.6 percent month-over-month and 38.9 percent on an annual basis. In the Northeast December sales were 20.8 percent higher than the previous month but down 6.5 percent from a year earlier. Sales were up strongly in three of the four regions, with only the South reporting flat results. Since 2020, Moneyhouse is part of the Neue Zrcher Zeitung AG and is managed as a brand of the NZZ. The average price was also lower than a year earlier at $346,400 compared to $374,500. Since 2014, Moneyhouse has been a 100 subsidiary of the NZZ media group which is the driving force behind the next steps to even better business information. The median price of a home sold in December was $288,900, the second lowest median of the year, compared to $302,000 in December 2014. At the end of the reporting period 238,000 new homes remained available for sale, a 5.2 month supply. On a non-seasonally adjusted basis there were 38,000 homes sold, compared to 34,000 in November. The median forecast among economists called for an annual pace of 500,000 units. Fill out the form below so we can schedule your free 30 minute consultation Name. We want to know yours and how we can help manage, maintain, and grow your finances. Sales in November were revised up slightly from 490,000 to 491,000. Everyone has a unique financial situation. The Census Bureau and the Department of Housing and Urban Development said that sales of newly constructed homes were up 10.8 percent from November and 9.9 percent from December 2014 sales of 495,000. SB1477 Mary Ann Ramos Moneyhouse US 8751 Commodity Cir., Ste 17 Orlando FL 32819 40 SB1478 Keyla Cruz Fifth Third Bank 200 W Robinson St Orlando FL 32801 40 SB1479 Angel L Vazquez Moneyhouse US 8751 Commodity Cir. New home sales more or less blew away the experts in December, coming in at a seasonally adjusted annual rate of 544,000 units. ![]()
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