Feb 1, 2021 - Economy
New home prices hit record high at end of 2020
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The number of new homes sold in the U.S. reached its highest since 2006 last year, at 811,000, which is an 18.8% increase over 2019, the Commerce Department estimated.
The big picture: In December, new-home sales rose for the first time in five months, with the median price of a home reaching an all-time high of $355,900.
