Rapid Reaction: November New Home Sales

Rapid Reaction: November New Home Sales – November new home sales rose 5.2 percent from October and 16.5 percent from a year ago, to 592,000 units (SAAR) — the second-highest level reached in 2016, according to the U.S. Census Bureau. Inventory of new homes for sale also rose modestly, up 1.6 percent from October and 8.7 percent year-over-year. The median price of newly built homes sold in November was $305,400, down slightly from October. New home sales rose modestly i… http://ow.ly/hWNw507SfM9

About BillGrossC21

Licensed California Real Estate Broker and Productivity Coaching
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