Sales bounce back following TRID disruption

After collapsing in November, existing home sales bounced back in December. That volatility was caused by the introduction of TRID disclosure requirements, which pushed some sales from November into December. But encouragingly new home sales, which were not impacted by TRID due to the timing of when new sales are recorded, also jumped by 10.8% m/m to reach their joint-highest level since the start of 2008.

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