Market Updates
U.S. New Home Sales Recovered In December but Plunged in 2022
Brian Turner
26 Jan, 2023
New York City
New single-family home sales rose for the third month in December but plunged in 2022
Home buyers returned after mortgage rates eased in the last ten weeks but elevated rates in the year impacted sales in the overall year.
December new home sales increased 2.3% to 616,000 annual pace, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced today.
Home sales increased from the revised November sales but dropped 26.6% from the annual pace of 839,000 in the corresponding month a year.
An estimated 644,000 new homes were sold in 2022, 16.4% below 771,000 homes sold in 2021.
The median sales price of new homes sold in December 2022 was $442,100 and average sales price was $528,400.
The seasonally‐adjusted estimate of new homes for sale at the end of December was 461,000, representing a supply of 9 months at the current sales rate.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|