The total number of new home sales fell 1.9 percent on month in December, the Housing Industry Association said on Thursday.
That follows the 2.2 percent increase in the previous month.
Sale of multi-units dropped 9.2 percent while that of detached houses slid 0.2 percent in December.
Meanwhile, the number of sales rose 14.4 percent over the previous year in 2014.
"Monthly sales volumes remained strong throughout 2014, following the recovery that characterized 2013," Diwa Hopkins, HIA Economist, said.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.