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Market Update : 
December Home Sales Down 4.7%
Author: 123jump.com Staff
123jump.com
Last Update: 5:29 PM EST January 28 2008



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Sales of new one-family houses in December 2007 were at a seasonally adjusted annual rate of 604,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.7% below the revised November rate of 634,000 and is 40.7% below the December 2006 estimate of 1,019,000.

 

 

 

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