From RealTrends.com: The pace of new single-family home sales in the U.S. jumped 17.5 percent from a revised 280,000 annual rate in November 2010 to 329,000 in December but remains 7.6 percent below the 356,000 rate in December 2009.
An estimated 321,000 new single-family homes were sold throughout the U.S. in 2010, down 14.2 percent from an estimated 375,000 in 2009 and the lowest level in 47 years.UPDATE: A few points we shouldn’t have missed, preliminary U.S. sales (versus pace) in December 2010 were estimated to be 22,000 (give or take 8 percent), the lowest December on record since 1966.
In the West, December sales were up 40 percent from 5,000 in 2009 to 7,000 (give or take 14 percent) in 2010 while total sales for the year fell 16 percent from 87,000 in 2009 to 73,000 in 2010.