Summary
President Donald Trump discussed housing prices during a Cabinet meeting. Home sales in December had their strongest increase in three years, but overall growth was just 1.4% compared to the previous year.
Key Facts
- President Trump spoke about raising housing prices.
- Housing and Urban Development Secretary Scott Turner reported strong home sales in December.
- The National Association of Realtors confirmed a rise in home sales to 4.35 million units.
- This increase is nearly the highest in three years.
- Home sales growth from the previous year was 1.4%.
- The housing market is a concern for U.S. consumers.
