New home sales in the United States increased in November on a monthly basis, amid a decline in prices and a rise in inventories, according to the latest data from the U.S. Census Bureau.
“Sales of new single-family houses in November 2024 were at a seasonally adjusted annual rate of 664,000,” the agency said in a Dec. 23 statement. This is up by 5.9 percent from October and 8.7 percent above the November 2023 estimate. Sales grew month over month in the Midwest and South and declined in the West and Northeast.
