Friday, 30 September 2022 | The Latest Buzz for the Appraisal Industry

Flatness Projected for December New Home Sales

By Tory Barringer

The Mortgage Bankers Association (MBA) reported Thursday that applications for new home purchases fell 0.4 percent month-over-month in December. Despite the drop in applications, MBA estimates that new home sales in December came to an unadjusted 28,000, flat from November, while the seasonally adjusted annual sales rate moved up 2 percent to 409,000.

The post Flatness Projected for December New Home Sales appeared first on theMReport.com.

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