New-Home Sales Bloom in Winter as Buyers Sniff Out Affordability

New-home sales picked up sharply in November and December, according to the latest release from the U.S. Census Bureau, in a somewhat surprising—and welcome—indicator that housing demand remains persistent against macro uncertainty. New-home sales were up 12.3% year-over-year in November and jumped 3.8% in December during what is normally a slower time for transactions. Single-family…

The post New-Home Sales Bloom in Winter as Buyers Sniff Out Affordability appeared first on RISMedia.

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