New home sales jumped in November to the highest level in more than two years.
The U.S. government is reporting an increase last month rose 4.4% compared to October. It's the strongest pace of new home sales since April of 2010
The increase is due to a combination of near-record low mortgage rates, lower unemployment numbers and a drop in foreclosures. That in turn has lifted home prices.
The housing market is now showing numerous signs of recovery, including better existing home sales and home construction rates.
