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

Sales of new single-family houses in the United States shrank 9.4 percent to a seasonally adjusted annual rate of 571 thousand in July of 2017 from an upwardly revised 630 thousand in June. It is the lowest reading so far this year and well below market expectations of 612 thousand. Sales fell in the Northeast, the West and the South. New Home Sales in the United States averaged 650.95 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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US New Home Sales at 7-Month Low


Sales of new single-family houses in the United States shrank 9.4 percent to a seasonally adjusted annual rate of 571 thousand in July of 2017 from an upwardly revised 630 thousand in June. It is the lowest reading so far this year and well below market expectations of 612 thousand. Sales fell in the Northeast, the West and the South.

Sales fell in the Northeast (-23.8 percent to 32 thousand), the West (-21.3 percent to 144 thousand) and the South (-4.1 percent to 326 thousand) but rose in the Midwest (6.2 percent to 69 thousand). 

The median sales price of new houses sold was $313,700, above $295,000 a year earlier. The average sales price was $371,200, also higher than $355,000 in July of 2016.

The stock of new houses for sale went up to 276 thousand from 272 thousand in June, hitting the highest level since June 2009. This represents a supply of 5.8 months at the current sales rate.

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

Figures for June were revised up to 630 thousand from an initial estimate of 610 thousand. The May figure was also revised to 618 thousand from 605 thousand and the April reading to 590 thousand from 577 thousand. 

US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
8/23/2017 3:09:02 PM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-26 02:00 PM New Home Sales 610K 605K 620K 600K
2017-08-23 02:00 PM New Home Sales 571K 630K 612K 615K
2017-08-23 02:00 PM New Home Sales MoM -9.4% 1.9% 0.3% 0.5%
2017-09-26 02:00 PM New Home Sales 571K 584K 575K
2017-09-26 02:00 PM New Home Sales MoM -9.4% 3.3%
2017-10-26 02:00 PM New Home Sales MoM


United States Housing Last Previous Highest Lowest Unit
Building Permits 1300.00 1230.00 2419.00 513.00 Thousand [+]
Housing Starts 1180.00 1190.00 2494.00 478.00 Thousand [+]
New Home Sales 571.00 630.00 1389.00 270.00 Thousand [+]
Pending Home Sales -1.30 0.30 30.90 -24.30 percent [+]
Existing Home Sales 5350.00 5440.00 7250.00 1370.00 Thousand [+]
Construction Spending -0.60 -1.40 5.90 -4.80 percent [+]
Housing Index 0.20 0.10 1.20 -1.80 percent [+]
Nahb Housing Market Index 64.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.04 4.03 10.56 3.47 percent [+]
Mortgage Applications -9.70 9.90 49.10 -38.80 percent [+]
Home Ownership Rate 63.70 63.60 69.20 62.90 percent [+]
Case Shiller Home Price Index 200.54 199.05 206.52 100.00 Index Points [+]


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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
571.00 630.00 1389.00 270.00 1963 - 2017 Thousand Monthly
Volume, SA




new home sales by Country

Last
Australia 6677.00 Jul/17
France 30804.00 Jun/17
Spain 6.79 Jul/17
Turkey 53949.00 Jul/17
United States 571.00 Jul/17