New home sales beat expectations, rise 10.8%

New home sales beat expectations, rise 10.8%



New home sales kept pace with previous strong economic housing news this month, except its rise isn’t conditional on TRID.



Sales of new single-family houses in December came in at a seasonally adjusted annual rate of 544,000, surpassing analyst expectations, according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development.



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