New home sales in the US increased 1.6 percent month-over-month to a seasonally adjusted annual rate of 842 thousand in December of 2020, below forecasts of 865 thousand. Sales increased in the Midwest (30.6 percent to 94 thousand) and the West (8.8 percent to 234 thousand) but fell in the Northeast (-6.1 percent to 31 thousand) and the South (-5.1 percent to 483 thousand). The median sales price was $355,900, higher than $329,500 a year earlier. Considering full 2020 , 811,000 new homes were sold, 18.8 percent higher than 683,000 in 2019, supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis. source: U.S. Census Bureau

New Home Sales in the United States averaged 653.55 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 February of 2021.

New Home Sales in the United States is expected to be 620.00 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 560.00 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 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
842.00 829.00 1389.00 270.00 1963 - 2020 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-23 03:00 PM New Home Sales MoM Nov -11% -2.1% -0.3% -1.4%
2020-12-23 03:00 PM New Home Sales Nov 0.841M 0.945M 0.995M 0.985M
2021-01-28 03:00 PM New Home Sales MoM Dec 1.6% -12.6% 1.9% 2.9%
2021-01-28 03:00 PM New Home Sales Dec 0.842M 0.829M 0.865M 0.865M
2021-02-24 03:00 PM New Home Sales Jan 0.842M 0.855M 0.85M
2021-02-24 03:00 PM New Home Sales MoM Jan 1.6% 2.1% 2%
2021-03-23 02:00 PM New Home Sales Feb
2021-03-23 02:00 PM New Home Sales MoM Feb


News Stream
US New Home Sales Rise Less than Expected
New home sales in the US increased 1.6 percent month-over-month to a seasonally adjusted annual rate of 842 thousand in December of 2020, below forecasts of 865 thousand. Sales increased in the Midwest (30.6 percent to 94 thousand) and the West (8.8 percent to 234 thousand) but fell in the Northeast (-6.1 percent to 31 thousand) and the South (-5.1 percent to 483 thousand). The median sales price was $355,900, higher than $329,500 a year earlier. Considering full 2020 , 811,000 new homes were sold, 18.8 percent higher than 683,000 in 2019, supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis.
2021-01-28
US New Home Sales Fall for 4th Month
New home sales in the US slumped 11 percent month-over-month to a seasonally adjusted annual rate of 841 thousand in November of 2020, compared to forecasts of 995 thousand. Sales declined for the 4th consecutive month although remain well above the long-term average of 653 thousand supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis. In November, sales went down in all regions: Midwest (-43.3 percent to 59 thousand), West (-17.3 percent to 230 thousand), Northeast (-2.5 percent to 39 thousand) and South (-1.9 percent to 513 thousand). The median sales price went up to $335,300 from $328,000 a year earlier.
2020-12-23
New Home Sales Edge Down from 14-Year High
New home sales in the US edged down 0.3 percent month-over-month to a seasonally adjusted annual rate of 999 thousand in October of 2020, compared to forecasts of 970 thousand. Sales fell from an upwardly revised 1,002 thousand in September which was the highest reading since November of 2006. Still, the level of home sales remained elevated as the housing market has been supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis. Sales dropped in the South (-2 percent to 580 thousand) and the West (-1.5 percent to 269 thousand), but rose in the Midwest (11.2 percent to 109 thousand) and the Northeast (5.1 percent to 41 thousand). The median sales price went up to $330,600 from $322,400 a year earlier.
2020-11-25
US New Home Sales Unexpectedly Fall
Sales of new US single-family homes dropped 3.5 percent to a seasonally adjusted annual rate of 959 thousand in September 2020, from the previous month's 14-year high of 994 thousand and compared with market expectations of 1,025 thousand. Still, the level of home sales remained elevated as the housing market has been supported by record low interest rates and increasing demand from people moving away from big cities due to the coronavirus crisis. In September, new home sales declined in the South (-4.7 percent to 563 thousand), the Midwest (-4.1 percent to 93 thousand) and the Northeast (-28.9 percent to 32 thousand), but rose in the West (0.7 percent to 284 thousand).
2020-10-26

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.