A sharp month-over-month increase in new home sales in the Midwest region was out front of an improvement on a national basis.

The sale of new single-family houses that were sold during the entire month of November 2016 came to a preliminary 41,000 units.

New home sales slowed from the previous month, when the number was 45,000, and an upwardly revised 36,000 a year previous.

Source: Mortgage Daily