Listen: Michael Strech, the BIA's President and CEO, who said the yearly totals show that the demand for new homes in the region remains strong.
December New Home Sales Up 45% From November;
2022 Sales at Pre-Pandemic Level, North State BIA Reports
New home sales rebounded in December around the greater Sacramento region, with 372 sales recorded in the eight-county area, – a 45% increase from November, the North State Building Industry Association reported today. Excepting the past two pandemic years, that is the best December BIA homebuilders enjoyed since 2006 and the best month in 2022 since April.
The solid December figures pushed the year's total sales to 5,010, in line with the yearly totals recorded between 2015 and 2019. (See charts for December and all of 2022 below.)