United States New Home Sales  1963-2017 | Data | Chart | Calendar

Sales of new single-family houses in the United States shrank 10.4 percent to a seasonally adjusted annual rate of 536,000 in December of 2016, much worse than market expectations of a 1 percent drop. It is the lowest figure since February. Considering full 2016, new home sales went up 12.2 percent to 563,000 the highest since 2007. New Home Sales in the United States averaged 651.40 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.

United States New Home Sales
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-12-23 03:00 PM Nov 592K 563K 575K 567K
2017-01-26 03:00 PM Dec 536K 598K 588K 585K
2017-01-26 03:00 PM Dec -10.4% 4.7% -1% -0.4%
2017-02-24 03:00 PM Jan -10.4% 7.2% 2.3%
2017-02-24 03:00 PM Jan 536K 575K 550K
2017-03-23 03:00 PM Feb




US New Home Sales Down To 10-Month Low


Sales of new single-family houses in the United States shrank 10.4 percent to a seasonally adjusted annual rate of 536,000 in December of 2016, much worse than market expectations of a 1 percent drop. It is the lowest figure since February. Considering full 2016, new home sales went up 12.2 percent to 563,000, the highest since 2007.

Sales in the South went down 12.6 percent to 285,000; those in the West declined 1.3 percent to 156,000 and those in the Midwest fell 41 percent to 49,000. In contrast, sales in the Northeast jumped 48.4 percent to 46 thousand. 

The median sales price of new houses sold was $322,500 up from $309,200 in the previous month $299,000 a year earlier. The average sales price was also up to $384,000 from $365,200 in November and $358,100 a year earlier.

The stock of new houses for sale increased 4 percent to 259 thousand. This represents a supply of 5.8 months at the current sales rate.

Year-on-year, new home sales declined 0.4 percent.


US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
1/26/2017 3:18:16 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1285.00 1228.00 2419.00 513.00 Thousand [+]
Housing Starts 1246.00 1279.00 2494.00 478.00 Thousand [+]
New Home Sales 536.00 598.00 1389.00 270.00 Thousand [+]
Pending Home Sales 0.30 -0.40 30.90 -24.30 percent [+]
Existing Home Sales 5690.00 5510.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.20 0.90 5.90 -4.80 percent [+]
Housing Index 0.50 0.30 1.20 -1.70 percent [+]
Nahb Housing Market Index 65.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.36 4.32 10.56 3.47 percent [+]
Mortgage Applications -2.00 -3.70 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 192.14 191.77 206.52 100.00 Index Points [+]



United States New Home Sales Notes

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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
536.00 598.00 1389.00 270.00 1963 - 2016 Thousand Monthly
Volume, SA



Last
Australia 7543.00 Dec/16
France 27753.00 Sep/16
Ireland 265.00 Dec/16
Norway 35621.00 Dec/16
Singapore 367.00 Dec/16
Spain 5.19 Dec/16
Turkey 63467.00 Nov/16
United States 536.00 Dec/16