U.S. New Home Sales Improve in November

U.S. sales of new single-family homes in November 2024 were at a seasonally adjusted annual rate of 664,000, increasing 5.9% from October and 8.7% from the comparable month in 2023.

The seasonally adjusted estimate of new homes for sale through November was 490,000, indicating an 8.9-month supply at the existing sales rate. See U.S. Census Bureau

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