- Prior month 0.679 million annualized tempo revised to 0.672M
- New-home gross sales -12.2% largest decline since April 2022
- New houses on the market on the finish of November 0.451 million models versus October 0.440 million models
- New residence sale provide 9.2 months vs 7.9 months in October. That’s the highest degree since November 2022 (9.4 months)
- Median gross sales worth $434,700 which is down -6% from November 2022 ($462,300)
- Common gross sales worth $488,900 vs $487,000 final month
Regionally:
- Northeast +3.1%
- Midwest +25.0%
- South -20.9%
- West -5.1%
This text was written by Greg Michalowski at www.forexlive.com.
