November U.S. Home Sales Decline Month-over-Month

U.S. sales of new single-family homes in November 2023 were at a seasonally adjusted annual rate of 590,000, decreasing 12.2% from October but 1.4% higher than the comparable month in 2022.

The seasonally adjusted estimate of new homes for sale through November was 451,000, representing a 9.2-month supply at the current sales rate. See U.S. Census Bureau

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