New home sales increased for the second month in a row in December, to leave sales more-or-less unchanged over the year. A recovery in homebuilder confidence suggests sales have held-up since the start of 2019. Beyond that, even as a slowing economy weighs on overall housing demand, a healthy level of inventory suggests new sales will manage some growth over the next year or so.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services