Original-Dwelling Gross sales Rose in December in Defiance of Increased Mortgage Charges

    Original-Dwelling Gross sales Rose in December in Defiance of Increased Mortgage Charges

    Gross sales of newly constructed single-family properties rose final month, and prices ticked higher, defying mortgage rates that stuck conclude to 7%. Signed contracts for contemporary properties were at a seasonally adjusted annual price of 698,000 in December, up 3.6% from the prior month, the U.S. Census Bureau reported on Monday. December’s sales hurry modified into as soon as up
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