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

Sales of new single-family houses in the United States increased 2.9 percent to a seasonally adjusted annual rate of 610 thousand in May of 2017 from an upwardly revised 593 thousand in April. The figure came above market expectations of 597 thousand, as sales rose in the South and the West. New Home Sales in the United States averaged 651.09 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 Actual Previous Consensus Forecast (i)
2017-05-23 02:00 PM Apr 569K 642K 610K 600K
2017-06-23 02:00 PM May 610K 593K 597K 575K
2017-06-23 02:00 PM May 2.9% -7.9% 5.4% 1%
2017-07-26 02:00 PM Jun 2.9%
2017-07-26 02:00 PM Jun 610K 580K
2017-08-23 02:00 PM Jul




US New Home Sales Beat Forecasts


Sales of new single-family houses in the United States increased 2.9 percent to a seasonally adjusted annual rate of 610 thousand in May of 2017 from an upwardly revised 593 thousand in April. The figure came above market expectations of 597 thousand, as sales rose in the South and the West.

Sales rose the most in the West (13.3 percent to 162 thousand), followed by the South (6.2 percent to 360 thousand) while declines were seen in the Northeast (-10.8 percent to 33 thousand) and the Midwest (-25.7 percent to 55 thousand).

The median sales price of new houses sold was $345,800 higher than $310,200 in the previous month. The average sales price was $406,400, well above $367,700 in April.

The stock of new houses for sale went up to 268 thousand from 264 thousand in both April and March. This represents a supply of 5.3 months at the current sales rate.

Year-on-year, new home sales jumped 8.9 percent.

Figures for April were revised sharply higher to 593 thousand from an initial estimate of 569 thousand. The March figure was also revised up by 2 thousand to 644 thousand, remaining the highest since October of 2007.

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
6/23/2017 2:11:01 PM


Recent Releases

US New Home Sales Down To 4-Month Low
Sales of new single-family houses in the United States slumped 11.4 percent to a seasonally adjusted annual rate of 569 thousand in April of 2017 from an upwardly revised near 9-1/2-year high of 642 thousand in March. The figure came below market expectations of 610 thousand, as sales fell in all four main regions.
Published on 2017-05-23

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.
Published on 2017-03-23

US New Home Sales Rise Less Than Expected
Sales of new single-family houses in the United States went up 3.7 percent to a seasonally adjusted annual rate of 555,000 in January of 2017. It follows a downwardly revised 535,000 in the previous month, but lower than market expectations of 570,000.
Published on 2017-02-24

US New Home Sales Down To 10-Month Low
Sales of new single-family houses in the United States shrank 10.4 percent to a seasonally adjusted annual rate of 536,000 in December of 2016, much worse than market expectations of a 1 percent drop. It is the lowest figure since February. Considering full 2016, new home sales went up 12.2 percent to 563,000, the highest since 2007.
Published on 2017-01-26



United States Housing Last Previous Highest Lowest Unit
Building Permits 1168.00 1228.00 2419.00 513.00 Thousand [+]
Housing Starts 1092.00 1156.00 2494.00 478.00 Thousand [+]
New Home Sales 610.00 593.00 1389.00 270.00 Thousand [+]
Pending Home Sales -3.30 0.70 30.90 -24.30 percent [+]
Existing Home Sales 5620.00 5560.00 7250.00 1370.00 Thousand [+]
Construction Spending -1.40 1.10 5.90 -4.80 percent [+]
Housing Index 0.70 0.70 1.20 -1.80 percent [+]
Nahb Housing Market Index 67.00 69.00 78.00 8.00 [+]
Mortgage Rate 4.13 4.13 10.56 3.47 percent [+]
Mortgage Applications 0.60 2.80 49.10 -38.80 percent [+]
Home Ownership Rate 63.60 63.70 69.20 62.90 percent [+]
Case Shiller Home Price Index 197.19 195.38 206.52 100.00 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
610.00 593.00 1389.00 270.00 1963 - 2017 Thousand Monthly
Volume, SA



new home sales by Country

Last
Australia 7369.00 Apr/17
France 30909.00 Mar/17
Spain 5.60 Apr/17
Turkey 56376.00 Mar/17
United States 610.00 May/17