Hollis Beckner wrote an interesting post today on
Here’s a quick excerpt
Sales of new
homes fell in December, down 7.3 percent from November to a seasonally adjusted
annual rate of 369,000. This is 8.8
percent higher than the December 2011 estimate of 339,000 new units. The bad December number is tempered somewhat
by a revision of the November estimate of new home sales from the 377,000 originally
reported to 398,000.
The new home
sales figures were released this morning by the Census Bureau and the Department
of Housing and Urban Development which also noted that an estimated 367,000 new
homes were sold in 2012 compared to 306,000 in all of 2011. This is an increase of 19.9 percent…
…(read more)
Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Read the rest of this great post here