Gary Pierpont Blog

New Home Sales Decreased From October To November

December 30, 2013 by garypierpontblog

New home sales in the U.S. have taken a slight fall, decreasing 2.1% last month and falling from a five-month high. According to the Commerce Department, sales volume decreased to a seasonally-adjusted annual rate of 464,000. Although percentages are down from the previous month, November’s rates still exceeded many expectations and remain near a five-year high. More here

Filed Under: Housing Market Tagged With: First Home Mortgage, Gary Pierpont, Greenbelt, MD

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