Sales of new homes fell to the lowest levels in four months last month.
The new construction housing market appears primed for growth.
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.
321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.
The 2012 housing market started like 2011 ended -- strong.
The national, average commute time is just 25.1 minutes. How long is yours?
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
According to the Census Bureau, the number of new homes sold rose 2 percent in November, taking the metric to a 7-month high.
According to the U.S. Census Bureau, Single-Family Housing Starts rose to 447,000 units on a seasonally-adjusted, annualized basis in November -- a 2 percent increase from October.
Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October -- a 4 percent increase from September and the highest reading in 3 months.