Washington, Jan 27, 2025 (AFP) - US new home sales hit three-year high in 2024: govt

NAMPA / AFP

2025-01-27

New home sales in the United States reached their highest in three years in 2024, according to government data released Monday, boosted in recent years by a lack of existing homes on the market. An estimated 683,000 new homes were sold in 2024, marking a 2.5 percent rise from the year before, said the Department of Commerce. Sales in December also beat expectations with a seasonally adjusted annual rate of 698,000, 3.6 percent above November's re......

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