Good Christmas For New Home Sales!

Posted: January 28, 2016 | Source: www.marketwatch.com

U.S. new home sales soared in December to an annual rate of 544,000. It was the highest rate since February and exceeded expert forecasts of 506,000. Actual new home sales in 2015 were 501,000 – an increase of 14.5 percent over 2014. Despite the good news, sales are still well below the housing boom years.