USRT - New Home Sales Up In December Better Than Forecast
By Jill Mislinski
Tuesday's release of the December New Home Sales from the Census Bureau came in at 621K, up 3.7% month-over-month from a revised 599K in November.
Here is the opening from the report:
Data collection and processing were delayed for this indicator release due to the lapse in federal funding from December 22, 2018 through January 25, 2019. Processing and data quality were monitored throughout and response rates were consistent with normal levels.
Sales of new singleâ€family houses in December 2018 were at a seasonally adjusted annual rate of 621,000, according to estimates