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U.S. Home Sales Rise in December

U.S. sales of new single-family homes in December 2019 were at a seasonally adjusted annual rate of 694,000, decreasing 0.4% from November but 23.0% higher than the comparable month in 2018.  The seasonally adjusted estimate of new homes for sale at the end of December was 327,000, representing a 5.7-month supply at the current sales rate.  See U.S. Census Bureau

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