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

Sales of new single-family houses in the United States surged 12.4 percent to a seasonally adjusted annual rate of 654,000 in July of 2016. It is the highest figure since October of 2007 and much better than market expectations of 580,000. Figures for June were revised down by 10,000 to 582,000. 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
654.00 582.00 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-26 02:00 PM Jun 592K 572K 560K 550K
2016-08-23 02:00 PM Jul 654K 582K 580K 520K
2016-08-23 02:00 PM Jul 12.4% 1.7% -2.0% -3%
2016-09-26 02:00 PM Aug 654K 600K 515K
2016-09-26 02:00 PM Aug 12.4% -8.8%
2016-10-26 01:00 PM Sep

US New Home Sales Jump to Nearly 9-Year High


Sales of new single-family houses in the United States surged 12.4 percent to a seasonally adjusted annual rate of 654,000 in July of 2016. It is the highest figure since October of 2007 and much better than market expectations of 580,000. Figures for June were revised down by 10,000 to 582,000.

Sales in the Northeast went up 40 percent to 35 thousand; those in the South grew 18.1 percent to 398 thousand and in the Midwest sales rose 1.2 percent to 84 thousand while those in the West were flat at 137 thousand. 

The median sales price of new houses sold declined to $294,600 from $310,500 in the previous month and $296,000 a year earlier. In contrast, the average sales price went up to $355,800 from $353,500 in the previous month and $341,900 a year earlier. 

The stock of new houses for sale fell 2.9 percent to 233,000, the lowest so far this year. This represents a supply of 4.3 months at the current sales rate.

Year-on-year, new home sales increased 31.3 percent. 

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
8/23/2016 3:16:24 PM

United States Housing Last Previous Highest Lowest Unit
Building Permits 1139.00 1144.00 2419.00 513.00 Thousand [+]
Housing Starts 1142.00 1212.00 2494.00 478.00 Thousand [+]
New Home Sales 654.00 582.00 1389.00 270.00 Thousand [+]
Pending Home Sales 1.40 1.00 30.00 -24.50 percent [+]
Existing Home Sales 5330.00 5380.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.00 0.90 5.90 -4.80 percent [+]
Nahb Housing Market Index 65.00 59.00 78.00 8.00 [+]
Housing Index 0.50 0.30 1.20 -1.70 percent [+]
Mortgage Rate 3.70 3.67 10.56 3.47 percent [+]
Mortgage Applications -7.30 4.20 49.10 -38.80 percent [+]
Home Ownership Rate 62.90 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 189.87 188.32 206.52 100.00 Index Points [+]




Last
Australia 7110.00 Jul/16
Norway 33444.00 Aug/16
Singapore 473.00 Aug/16
Spain 6.00 Jul/16
Turkey 53784.00 Aug/16
United States 654.00 Jul/16