United States New Home Sales  1963-2018 | Data | Chart | Calendar

Sales of new single-family houses in the United States jumped 6.7 percent from the previous month to a seasonally adjusted annual rate of 689 thousand in May of 2018, following an upwardly revised 3.7 percent fall in April. It is the highest rate since November, beating market expectations of a 0.7 percent increase. Sales in the South hit their highest level in nearly 11 years. New Home Sales in the United States averaged 650.83 Thousand from 1963 until 2018, 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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US New Home Sales Beat Forecasts


Sales of new single-family houses in the United States jumped 6.7 percent from the previous month to a seasonally adjusted annual rate of 689 thousand in May of 2018, following an upwardly revised 3.7 percent fall in April. It is the highest rate since November, beating market expectations of a 0.7 percent increase. Sales in the South hit their highest level in nearly 11 years.

Sales surged 17.9 percent to 409 thousand in the South, the highest since July of 2007. In contrast, sales in the Midwest were flat at 87 thousand and declines were recorded in West (-8.7 percent to 157 thousand) and the Northeast (-10 percent to 36 thousand). 

The median sales price of new houses sold was USD 313,000, below USD 323,600 in the same month of the previous year. The average sales price also fell to USD 368,500 in May from USD 378,400 a year ago. 

The stock of new houses for sale went up 1 percent to 299 thousand. This represents a supply of 5.2 months at the current sales rate.

Year-on-year, new home sales surged 14.1 percent.


US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
6/25/2018 2:19:30 PM


Recent Releases

US New Home Sales Fall Less than Expected
Sales of new single-family houses in the United States shrank 1.5 percent from the previous month to a seasonally adjusted annual rate of 662 thousand in April of 2018, compared to market expectations of a 2 percent drop. It follows a downwardly revised 2 percent jump in March.
Published on 2018-05-23

US New Home Sales Beat Forecasts
Sales of new single-family houses in the United States rose 4 percent from the previous month to a seasonally adjusted annual rate of 694 thousand in March 2018, easily beating market consensus of 625 thousand.
Published on 2018-04-24

US New Home Sales Fall for 3rd Month
Sales of new single-family houses in the United States shrank 0.6 percent month-over-month to a seasonally adjusted annual rate of 618 thousand in February of 2018 from an upwardly revised 622 thousand in January. It is the lowest reading in four months and compares with market forecasts of a 4.4 percent rise to 623 thousand. Sales fell in the West and the Midwest.
Published on 2018-03-23

US New Home Sales Fall for 2nd Month
Sales of new single-family houses in the United States shrank 7.8 percent month-over-month to a seasonally adjusted annual rate of 593 thousand in January of 2018 from an upwardly revised 643 thousand in December. It is the lowest reading since August and compares with market forecasts of a 3.8 percent rise to 650 thousand. Sales fell in the Northeast and the South.
Published on 2018-02-26



Calendar GMT Actual Previous Consensus TEForecast
2018-05-23 02:00 PM New Home Sales MoM -1.5% 2% -2% -1.3%
2018-06-25 02:00 PM New Home Sales MoM 6.7% -3.7% 0.7% 0.6%
2018-06-25 02:00 PM New Home Sales 0.689M 0.646M 0.667M 0.666M
2018-07-25 02:00 PM New Home Sales 0.689M 0.59M
2018-07-25 02:00 PM New Home Sales MoM 6.7% 0.7% -10%
2018-08-23 02:00 PM New Home Sales


United States Housing Last Previous Highest Lowest Unit
Building Permits 1301.00 1364.00 2419.00 513.00 Thousand [+]
Housing Starts 1350.00 1286.00 2494.00 478.00 Thousand [+]
New Home Sales 689.00 646.00 1389.00 270.00 Thousand [+]
Pending Home Sales -2.20 -2.10 30.90 -24.30 percent [+]
Existing Home Sales 5430.00 5450.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.40 0.90 5.90 -4.80 percent [+]
Housing Index 0.10 0.20 1.20 -1.80 percent [+]
Nahb Housing Market Index 68.00 70.00 78.00 8.00 [+]
Mortgage Rate 4.76 4.79 10.56 3.47 percent [+]
Mortgage Applications 2.50 -0.50 49.10 -38.80 percent [+]
Case Shiller Home Price Index 210.17 208.50 210.17 100.00 Index Points [+]
Home Ownership Rate 64.20 64.20 69.20 62.90 percent [+]


United States New Home Sales

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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
689.00 646.00 1389.00 270.00 1963 - 2018 Thousand Monthly
Volume, SA




new home sales by Country
Country Last
Australia 4958.00 May/18
France 30059.00 Mar/18
Spain 8.30 May/18
Turkey 47534.00 Apr/18
United States 689.00 May/18


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