MENU
SEARCHSales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.
Sales of new homes in the U.S. fell 7% in December from the month before, following a November drop of 3.9% from the month before, according to a new U.S. Commerce Department report.
The decline last month pulled the annual rate down to 414.000 new home sales while for all of 2013 it was 16.4% higher than the year before, at an annual rate of 428,000, the best since 2008.
“New home sales continued to slow at the end of the year, following heightened activity earlier in 2013 front running the threat of a change in Fed policy. While sales have declined, activity remains positive, reverting to the underlying trend,” said Lindsey M. Piegza, chief economist with the investment firm Sterne Agee. “We have long argued the Federal Reserve ought to have delayed tapering until there was clear evidence of sustainable momentum in the economy, as committee members claimed was the prerequisite for initiating a rollback in monthly bond purchases.”
The performance of new home sales in December and November follows a blistering increase in October, when it advanced nearly 15% from the month before.
Some analysts believe cold weather again in December also hurt sales like it did in November, with the Northeast seeing a huge drop in sales last month, while the supply of total new homes for sale in Decmeber fell to its lowest level since July.
How a former commercial vehicle enforcement officer turned director of safety at K&B Transportation is embracing real-world safety technology.
Read More →
When the unexpected happens, how you react to, and deal with operational blind spots is critical. Here’s how to keep you recovery on track, when nothing is normal.
Read More →
As fleets adopt artificial intelligence for routing, maintenance, and load matching, new security risks are emerging. Learn where the vulnerabilities are and how to put the right controls in place.
Read More →
The long-awaited registration system promises a single portal — and tighter fraud controls.
Read More →
CargoNet reports fewer supply chain crime events to start 2026. But losses hold steady as organized crime shifts tactics toward impersonation schemes and high-value goods.
Read More →
Heavy Duty Trucking is searching for forward-looking leaders at trucking fleets as nominations for HDT’s Truck Fleet Innovators 2026. Deadline is May 15.
Read More →
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
A modest sequential increase capped the strongest quarterly performance in years, signaling continued freight momentum in early 2026.
Read More →
More than 300 carriers across 26 states have been sent to collections as the Ohio Turnpike cracks down on toll evasion and delinquent payments.
Read More →
The American Transportation Research Institute will examine driver coaching, regulatory impacts — including the "Beyond Compliance" concept —and weather disruptions that shape trucking operations.
Read More →
