In December 2024, sales of new single-family homes in the United States exceeded expectations, signaling a recovery in housing market activity by the end of the year. However, rising mortgage rates remain a limiting factor. According to a report published on Monday by the Department of Commerce, home sales in November were stronger than initially estimated. This aligns with other data showing that December witnessed increases in building permits for single-family homes and housing starts, reaching a 10-month high. Additionally, sales of previously owned homes rose to their highest level since February.