United States New Home Sales  Forecast 2016-2020

New Home Sales in the United States is expected to be 580.00 Thousand 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 610.00 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 590.00 Thousand in 2020, according to our econometric models.

United States New Home Sales
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Forecast Actual Q2/17 Q3/17 Q4/17 Q1/18 2020 Unit
New Home Sales 610 580 550 570 610 590 Thousand
United States New Home Sales Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States New Home Sales using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - United States New Home Sales - was last predicted on Tuesday, June 27, 2017.
United States Housing Last Q2/17 Q3/17 Q4/17 Q1/18 2020
Building Permits 1168 1178 1150 1141 1172 1315
Housing Starts 1092 1230 1190 1160 1100 1280
New Home Sales 610 580 550 570 610 590
Pending Home Sales -3.3 2.2 -1.9 3 -0.6 1.2
Existing Home Sales 5620 5600 5500 5300 5220 5000
Construction Spending -1.4 0.9 2 1.9 1.5 0.4
Housing Index 0.7 0.3 0.3 0.3 0.6 0.5
Nahb Housing Market Index 67 70 62 56 60 53
Mortgage Rate 4.13 4.12 4.12 4.12 4.12 6.5
Mortgage Applications 0.6 -0.14 0.47 0.47 0.47 0.47
Home Ownership Rate 63.6 63.29 63.59 63.72 63.63 63.73
Case Shiller Home Price Index 197 196 196 197 198 211