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U.S. New Home Sales Unexpectedly Surge For Second Straight Month In November

Por: RTTNews Business December 23, 2022

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New home sales in the U.S. unexpectedly showed a sharp increase for the second consecutive month in November, according to a report released by the Commerce Department on Friday.The report said new home sales surged by 5.8 percent to an annual rate of 640,000 in November after soaring by 8.2 percent to a revised rate of 605,000 in October.Economists had expected new home sales to tumble by 5.1 percent to an annual rate of 600,000 from the... + full article



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