New Home Sales Rise In December

RANCHO CUCAMONGA, CA - JANUARY 29: Surburban homes are shown under construction January 29, 2007 in Rancho Cucamonga, California. The U.S. Commerce Department reported sales of new homes in December rose by 4.8 percent, following an even stronger 7.4 percent increase in November. But that wasn't enough to erase a loss of 17.3 percent for 2006 from 2005, which marked the biggest decline since 1990. (Photo by David McNew/Getty Images)
RANCHO CUCAMONGA, CA - JANUARY 29: Surburban homes are shown under construction January 29, 2007 in Rancho Cucamonga, California. The U.S. Commerce Department reported sales of new homes in December rose by 4.8 percent, following an even stronger 7.4 percent increase in November. But that wasn't enough to erase a loss of 17.3 percent for 2006 from 2005, which marked the biggest decline since 1990. (Photo by David McNew/Getty Images)
New Home Sales Rise In December
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Credit:
David McNew / Staff
Editorial #:
73147520
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Getty Images News
Date created:
January 29, 2007
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Getty Images North America
Object name:
73134527DM018_New_Home_Sale