New home sales in the United States rose 10.7% from a month earlier to a seasonally adjusted annual rate of 696,000 in May of 2022, recovering from a downwardly revised 12% drop in April. Despite the rebound in May, elevated house prices and mortgage rates of near 6% are likely to continue to hit sales in the next months. source: U.S. Census Bureau

New Home Sales MoM in the United States averaged 0.31 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 June of 2022.

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United States New Home Sales MoM

Related Last Previous Unit Reference
Building Permits 1695.00 1823.00 Thousand May 2022
Housing Starts 1549.00 1810.00 Thousand units May 2022
New Home Sales 696.00 629.00 Thousand units May 2022
Construction Spending 0.20 0.30 percent Apr 2022
New Home Sales MoM 10.70 -12.00 percent May 2022
Home Ownership Rate 65.40 65.50 percent Mar 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.
Actual Previous Highest Lowest Dates Unit Frequency
10.70 -12.00 31.20 -33.60 1963 - 2022 percent Monthly