A report released jointly by the U.S. Census Bureau and U.S. Department of Housing and Urban Development showed that sales of new single-family homes declined in December, with the seasonally adjusted annual rate falling to 369,000, 7.3 percent below the revised annual rate in November. However, the report also shows that despite this decline in December, total new home sales for 2012, estimated at 367,000, were still up 19.9 percent compared to the 2011 figure of 306,000.

Link: News Release