US new home sales down 7 percent in Dec.


(MENAFN) The US Commerce Department said that new home sales in the US decreased in December, but the annual data and prices increased, signaling a recovery in the housing market was still in effect, Xinhua reported



Sales of single-family houses came at a seasonally adjusted annual rate of 414,000, dropping 7 percent from November's rate of 445,000



The number of new homes sold in 2013 increased by 16.4 percent to 428,000 from the 2012 figure of 368,000


MENAFN

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