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

Sales of new single-family houses in the United States jumped 6.1 percent to a seasonally adjusted annual rate of 592,000 in February of 2017. It follows an upwardly revised 558,000 in the previous month, and well above market expectations of 565,000 as unusual warm weather boosted sales in the Midwest, West and the South. Meanwhile, sales of previously owned houses dropped 3.7 percent to 5480 thousand, down from a ten-year high of 5690 thousand in January. New Home Sales in the United States averaged 651.13 Thousand from 1963 until 2017, 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)
2017-02-24 03:00 PM Jan 555K 535K 570K 550K
2017-03-23 02:00 PM Feb 592K 558K 565K 557K
2017-03-23 02:00 PM Feb 6.1% 5.3% 0.7% 0.2%
2017-04-25 02:00 PM Mar 6.1%
2017-04-25 02:00 PM Mar 592K 520K
2017-05-23 02:00 PM Apr




US New Home Sales At 7-Month High


Sales of new single-family houses in the United States jumped 6.1 percent to a seasonally adjusted annual rate of 592,000 in February of 2017. It follows an upwardly revised 558,000 in the previous month, and well above market expectations of 565,000 as unusual warm weather boosted sales in the Midwest, West and the South. Meanwhile, sales of previously owned houses dropped 3.7 percent to 5480 thousand, down from a ten-year high of 5690 thousand in January.

Sales rose in the Midwest (30.9 percent to 89 thousand), the West (7.5 percent to 157 thousand) and the South (3.6 percent to 313 thousand) but slumped 21.4 percent to 33 thousand in the Northeast. 

The median sales price of new houses sold was $296,200, lower than $308,200 in the previous month. The average sales price was $390,400, above $355,300 in January.

The stock of new houses for sale went up to 261 thousand from 260 thousand in January. This represents a supply of 5.4 months at the current sales rate.

Year-on-year, new home sales rose 12.8 percent.

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
3/23/2017 2:19:42 PM



United States Housing Last Previous Highest Lowest Unit
Building Permits 1216.00 1293.00 2419.00 513.00 Thousand [+]
Housing Starts 1288.00 1251.00 2494.00 478.00 Thousand [+]
New Home Sales 592.00 558.00 1389.00 270.00 Thousand [+]
Pending Home Sales 0.40 -0.10 30.90 -24.30 percent [+]
Existing Home Sales 5480.00 5690.00 7250.00 1370.00 Thousand [+]
Construction Spending -1.00 0.10 5.90 -4.80 percent [+]
Housing Index 0.00 0.40 1.20 -1.70 percent [+]
Nahb Housing Market Index 71.00 65.00 78.00 8.00 [+]
Mortgage Rate 4.46 4.46 10.56 3.47 percent [+]
Mortgage Applications -2.70 3.10 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.50 69.20 62.90 percent [+]
Case Shiller Home Price Index 192.61 192.00 206.52 100.00 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
592.00 558.00 1389.00 270.00 1963 - 2017 Thousand Monthly
Volume, SA



Last
Australia 7379.00 Jan/17
France 33497.00 Dec/16
Ireland 218.00 Jan/17
Norway 35621.00 Dec/16
Singapore 977.00 Feb/17
Spain 6.83 Jan/17
Turkey 63467.00 Nov/16
United States 592.00 Feb/17