US December present dwelling gross sales four.24m vs four.19m anticipated

• Prior was four.15m (revised to four.19m)
• Gross sales up 2.2% vs +four.eight% prior
• Strongest tempo since February 2024
• Gross sales grew 9.three% from one yr in the past however regardless of that 2024 annual gross sales fell to the bottom in practically 30 years
• Median costs +6.zero% y/y
• Stock at three.three months vs three.eight months prior
• Stock on the market +16.2% y/y

There’s some momentum right here however I count on it should run into the truth of excessive mortgage charges.

This text was written by Adam Button at www.ubaidahsan.com.



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