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

New US single-family home sales unexpectedly fell by 1.5 percent on the month to a seasonally adjusted annual rate of 511,000 in March of 2016, following a downwardly revised 0.4 percent drop in February and missing market expectations of 1 percent rise. The decline was led by a sharp drop in home sales in the West region. 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
511.00 519.00 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. 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 May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-23 02:00 PM Feb 512K 502K 510K 510K
2016-04-25 02:00 PM Mar 511K 519K 520K 525K
2016-04-25 02:00 PM Mar -1.5% -0.4% 1%
2016-05-26 02:00 PM Apr
2016-05-26 02:00 PM Apr 531K
2016-06-23 02:00 PM May

US New Home Sales Fall Unexpectedly by 1.5%


New US single-family home sales unexpectedly fell by 1.5 percent on the month to a seasonally adjusted annual rate of 511,000 in March of 2016, following a downwardly revised 0.4 percent drop in February and missing market expectations of 1 percent rise. The decline was led by a sharp drop in home sales in the West region.

Sales tumbled 23.6 percent in the West, but rose 18.5 percent in the Midwest and 5 percent in the South. New home sales were unchanged in the Northeast.

The median sales price of new houses sold in March 2016 was $288,000; the average sales price was $356,200.

The seasonally adjusted estimate of new houses for sale at the end of March was 246,000. This represents a supply of 5.8
months at the current sales rate.

Year-on-year, new home sales expanded 5.4 percent in March.

US Census Bureau | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/25/2016 3:26:35 PM

United States Housing Last Previous Highest Lowest Unit
Building Permits 1086.00 1177.00 2419.00 513.00 Thousand [+]
Housing Starts 1089.00 1194.00 2494.00 478.00 Thousand [+]
New Home Sales 511.00 519.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.40 0.70 30.00 -24.50 percent [+]
Existing Home Sales 5330.00 5480.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.30 1.00 5.90 -4.80 percent [+]
Housing Index 0.40 0.40 1.20 -1.72 percent [+]
Nahb Housing Market Index 58.00 58.00 78.00 8.00 [+]
Mortgage Rate 3.87 3.85 10.56 3.47 percent [+]
Mortgage Applications -3.40 -4.10 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 63.80 69.20 62.90 percent [+]
Case Shiller Home Price Index 182.79 182.59 206.52 100.00 Index Points [+]




Last
Australia 7986.00 Mar/16
Norway 30555.00 Mar/16
Singapore 843.00 Mar/16
Spain 7.83 Feb/16
Turkey 52374.00 Mar/16
United States 511.00 Mar/16