Sales of new single-family homes in the United States jumped 4.8 percent from the previous month to a seasonally adjusted annual rate of 1,011 thousand in August of 2020, surprising markets that were expecting a fall to 895 thousand. It is the highest reading since September of 2006 as the housing market continues to recover from the coronavirus hit, prompted by record low interest rates and increasing demand as people move away from the big cities. New home sales increased in the South (13.4 percent to 636 thousand) and the Northeast (5 percent to 42 thousand) but fell in the Midwest (-21.4 percent to 99 thousand after a 59.5 percent rise in July) and the West (-1.7 percent to 234 thousand). The average sales price went down to $369,000 from $392,700 a year earlier. The number of new houses for sale available on the market fell 3.1 percent to 282 thousand.

New Home Sales in the United States averaged 652.18 Thousand units from 1963 until 2020, reaching an all time high of 1389 Thousand units in July of 2005 and a record low of 270 Thousand units in February of 2011. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: U.S. Census Bureau

New Home Sales in the United States is expected to be 920.00 Thousand units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Home Sales in the United States to stand at 640.00 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 560.00 Thousand units in 2021 and 590.00 Thousand units in 2022, according to our econometric models.

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United States New Home Sales

Actual Previous Highest Lowest Dates Unit Frequency
1011.00 965.00 1389.00 270.00 1963 - 2020 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-25 02:00 PM New Home Sales MoM Jul 13.9% 15.1% 1.3% 1%
2020-08-25 02:00 PM New Home Sales Jul 0.901M 0.791M 0.785M 0.784M
2020-09-24 02:00 PM New Home Sales MoM Aug 4.8% 14.7% -0.1% -2.3%
2020-09-24 02:00 PM New Home Sales Aug 1.011M 0.965M 0.895M 0.88M
2020-10-26 02:00 PM New Home Sales Sep 1.011M 0.92M
2020-11-25 03:00 PM New Home Sales Oct
2020-12-23 03:00 PM New Home Sales Nov


News Stream
US New Home Sales Unexpectedly Jump in August
Sales of new single-family homes in the United States jumped 4.8 percent from the previous month to a seasonally adjusted annual rate of 1,011 thousand in August of 2020, surprising markets that were expecting a fall to 895 thousand. It is the highest reading since September of 2006 as the housing market continues to recover from the coronavirus hit, prompted by record low interest rates and increasing demand as people move away from the big cities. New home sales increased in the South (13.4 percent to 636 thousand) and the Northeast (5 percent to 42 thousand) but fell in the Midwest (-21.4 percent to 99 thousand after a 59.5 percent rise in July) and the West (-1.7 percent to 234 thousand). The average sales price went down to $369,000 from $392,700 a year earlier. The number of new houses for sale available on the market fell 3.1 percent to 282 thousand.
2020-09-24
US New Homes Sales Highest since 2006
Sales of new single-family homes in the United States soared 13.9 percent from the previous month to a seasonally adjusted annual rate of 901 thousand in July of 2020, easily beating market expectations of 785 thousand. It is the highest reading since December of 2006 as the housing market continued to recover from the coronavirus hit amid record low interest rates and as people move away from the big cities. New home sales increased in the Midwest (58.8 percent to 127 thousand), the South (13 percent to 513 thousand) and the West (7.8 percent to 221 thousand) but fell in the Northeast (-23.1 percent to 40 thousand). The average sales price went up to $391,300 from $373,500 a year earlier. The number of new houses for sale available on the market fell 1.6 percent to 299 thousand.
2020-08-25
US New Home Sales Hit 13-Year High
Sales of new single-family homes in the United States rose by 13.8 percent from the previous month to a seasonally adjusted annual rate of 776 thousand in June 2020, the highest level since July 2007 and easily beating market expectations of 700 thousand, as the housing market continued to recover from the coronavirus hit amid record low interest rates. New home sales increased across all regions: the South (7.2 percent to 434 thousand); the West (18.0 percent to 203 thousand); the Midwest (10.5 percent to 84 thousand); and the Northeast (89.7 percent to 55 thousand).
2020-07-24
US New Home Sales Increase 16.6%
Sales of new single-family homes in the United States jumped 16.6 percent month-over-month to an annualized rate of 676 thousand in May of 2020, beating forecasts of a 2.9 percent rise. However, data for April was revised sharply lower to 580 thousand from 623 thousand. Still, May's figure is the highest in three months. Sales jumped 45.5 percent in the Northeast (to 32 thousand), 29 percent in the West (to 169 thousand) and 15.2 percent in the South (to 402 thousand) but fell 6.4 percent in the Midwest (to 73 thousand). There were 318,000 new homes on the market, down 2.2 percent from April. At May's sales pace it would take 5.6 months to clear the supply of houses on the market. The median new house price rose to USD 317,900 from USD 312,700 a year ago. Year-on-year new home sales jumped 12.7 percent.
2020-06-23

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.