Name: United States New Home Sales MoM
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/

New home sales in the US declined 8.1% month-over-month to a seasonally adjusted annual rate of 590,000 in June of 2022, following a downwardly revised 6.3% rise in May. source: U.S. Census Bureau

New Home Sales MoM in the United States averaged 0.29 percent from 1963 until 2022, reaching an all time high of 31.20 percent in April of 1963 and a record low of -33.60 percent in May of 2010. This page includes a chart with historical data for the United States New Home Sales MoM. United States New Home Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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Related	Last	Previous	Unit	Reference
Building Permits	1674.00	1696.00	Thousand	Jul 2022
Housing Starts	1446.00	1599.00	Thousand units	Jul 2022
New Home Sales	590.00	642.00	Thousand units	Jun 2022
Construction Spending	-1.10	0.10	percent	Jun 2022
New Home Sales MoM	-8.10	6.30	percent	Jun 2022
Home Ownership Rate	65.80	65.40	percent	Jun 2022

United States New Home Sales MoM

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.