New Home Sales (December 2023)
Signed contracts on new homes rebounded in December, up 8% from November and beating forecasts as falling mortgage rates and the lack of existing homes for sale brought buyers to the new construction market. This has helped boost builder confidence and construction, which is important as more completed homes are needed to meet demand. #homebuyers #homesales #realestate #newhomes #mbshighway #mbssocialshare #mortgagemarketnews #mortgageintheknow