“New home sales climbed 4.4 percent in November to 377k.
However, this gain comes on top of last month’s 361k number, which was revised down from a preliminary reading of 368k.
Economists were expecting November sales to climb 3.3 percent to 380k.
So, while the pace of growth was better than expected, the level of sales was a bit light.
From the Census: ”
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