New home sales increased in December - a sign that new residential sales have continued to rebound in recent months.Last month, new home sales increased by 2.3% to a seasonally adjusted annual rate of 616,000, according to data published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD).
#back #combination #construction #recent-months #housing-market #largely-due #mortgage-rates #homeownership #census-bureau
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