United States New Home Sales  1963-2016 | Data | Chart | Calendar

New US single-family home sales fell 6 percent percent to a seasonally adjusted annual rate of 551,000 in May of 2016, compared to a downwardly revised 586,000 in the previous month and market expectations of 560,000. The inventory of new homes on the market reached the highest since September of 2009. New Home Sales in the United States averaged 652.45 Thousand from 1963 until 2016, reaching an all time high of 1389 Thousand in July of 2005 and a record low of 270 Thousand in February of 2011. New Home Sales in the United States is reported by the U.S. Census Bureau.

United States New Home Sales
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Actual Previous Highest Lowest Dates Unit Frequency
551.00 619.00 1389.00 270.00 1963 - 2016 Thousand Monthly
Volume, SA
A sale of the new house occurs with the signing of a sales contract or the acceptance of a deposit. The house can be in any stage of construction: not yet started, under construction, or already completed. New home sales account for about 10 percent of the US housing market. New single-family home sales are extremely volatile month-to-month and preliminary figures are subject to large revisions because they are mostly drawn from building permits data. This page provides the latest reported value for - United States New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States New Home Sales - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-24 02:00 PM Apr 619K 531K 523K 531K
2016-06-23 02:00 PM May 551K 586K 560K 531K
2016-06-23 02:00 PM May -6% 12.3% -8.7%
2016-07-26 02:00 PM Jun -6%
2016-07-26 02:00 PM Jun 551K 490K
2016-08-23 02:00 PM Jul

US New Home Sales Slide From 8-Year High


New US single-family home sales fell 6 percent to 551,000 in May of 2016 compared to market expectations of 560,000. The April's sales was downwardly revised to 586,000 units, but still remained the highest since February 2008. The pace points to a healthy growth in the housing sector helped by consistent employment gains and ultra-low mortgage rates.

Sales in the Northeast slumped 33.3 percent to 34,000; those in the West fell 15.6 percent to 124,000 and sales in the South declined 0.9 percent to 323,000. In contrast, sales in the Midwest went up 12.9 percent to 70,000.  

The median sales price of new houses sold in May declined to $290,400 from $320,200 in April but rose from $287,400 a year earlier. The average sales price also fell to $358,900 from $378,200 in the previous month but went up from $340,800 a year earlier. 

The stock of new houses for sale increased 1.2 percent to 244,000,  the highest since September of 2009.. This represents a supply of 5.3 months at the current sales rate. 

Year-on-year, new home sales grew 8.7 percent in May. 

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
6/23/2016 4:18:59 PM

United States Housing Last Previous Highest Lowest Unit
Building Permits 1138.00 1130.00 2419.00 513.00 Thousand [+]
Housing Starts 1164.00 1167.00 2494.00 478.00 Thousand [+]
New Home Sales 551.00 619.00 1389.00 270.00 Thousand [+]
Pending Home Sales 4.60 1.40 30.00 -24.50 percent [+]
Existing Home Sales 5530.00 5450.00 7250.00 1370.00 Thousand [+]
Construction Spending -1.80 0.30 5.90 -4.80 percent [+]
Housing Index 0.20 0.80 1.20 -1.70 percent [+]
Nahb Housing Market Index 60.00 58.00 78.00 8.00 [+]
Mortgage Rate 3.76 3.79 10.56 3.47 percent [+]
Mortgage Applications 2.90 -2.40 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 63.80 69.20 62.90 percent [+]
Case Shiller Home Price Index 184.50 182.79 206.52 100.00 Index Points [+]




Last
Australia 7610.00 Apr/16
Norway 30555.00 Mar/16
Singapore 1056.00 May/16
Spain 7.17 Apr/16
Turkey 56043.00 May/16
United States 551.00 May/16