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

Sales of new single-family houses in the United States declined 1.9 percent to a seasonally adjusted annual rate of 563,000 in October of 2016, compared to market expectations of a 0.3 percent rise. Figures for the previous month were revised down by 19,000 to 574,000. New Home Sales in the United States averaged 651.67 Thousand from 1963 until 2016, reaching an all time high of 1389.00 Thousand in July of 2005 and a record low of 270.00 Thousand in February of 2011.

United States New Home Sales
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-26 02:00 PM Sep 593K 575K 600K 610K
2016-11-23 03:00 PM Oct 563K 574K 593K 580K
2016-11-23 03:00 PM Oct -1.9% 1.2% 0.3%
2016-12-23 03:00 PM Nov -1.9%
2016-12-23 03:00 PM Nov 563K 517K
2017-01-27 03:00 PM Dec




US New Home Sales at 4-Month Low


Sales of new single-family houses in the United States declined 1.9 percent to a seasonally adjusted annual rate of 563,000 in October of 2016, compared to market expectations of a 0.3 percent rise. Figures for the previous month were revised down by 19,000 to 574,000.

Sales in the South declined 3 percent to 322 thousand; those in the Midwest fell 13.7 percent to 63 thousand and in the Northeast sales were down 9.1 percent to 30 thousand. In contrast, increases were recorded in the West (8.8 percent to 148 thousand). 

The median sales price of new houses sold decreased to $304,500 from $314,100 in the previous month but was up from $298,700 a year earlier. The average sales price also declined to $354,900 from $364,100 in September and $366,900 a year earlier. 

The stock of new houses for sale increased 2.9 percent to 246 thousand. This represents a supply of 5.2 months at the current sales rate.

Year-on-year, new home sales jumped 17.8 percent.

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
11/23/2016 3:16:37 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1260.00 1225.00 2419.00 513.00 Thousand [+]
Housing Starts 1323.00 1054.00 2494.00 478.00 Thousand [+]
New Home Sales 563.00 574.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.80 2.40 30.00 -24.50 percent [+]
Existing Home Sales 5600.00 5490.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.50 0.00 5.90 -4.80 percent [+]
Nahb Housing Market Index 63.00 63.00 78.00 8.00 [+]
Housing Index 0.60 0.70 1.20 -1.70 percent [+]
Mortgage Rate 4.23 4.16 10.56 3.47 percent [+]
Mortgage Applications -9.40 5.50 49.10 -38.80 percent [+]
Home Ownership Rate 63.50 62.90 69.20 62.90 percent [+]
Case Shiller Home Price Index 191.78 191.53 206.52 100.00 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
563.00 574.00 1389.00 270.00 1963 - 2016 Thousand Monthly
Volume, SA



Last
Australia 7094.00 Oct/16
France 33105.00 Jun/16
Ireland 209.00 Sep/16
Norway 34123.00 Oct/16
Singapore 1252.00 Oct/16
Spain 6.06 Sep/16
Turkey 61677.00 Oct/16
United States 563.00 Oct/16