US New Home Sales dipped 1.7% MoM in December (after a 15.5% MoM surge in November)…
…but ended the year at 745k – the highest SAAR since 2021…
“New” home sales have notably decoupled from “used” home sales in the last few years as homebuilders incentivize buyers (reducing margins) and lower prices (reducing revenues)…
Lower mortgage rates support modest further improvements in sales…
