Sales of new single-family houses in the United States rose 1.3 percent from the previous month to a seasonally adjusted annual rate of 719 thousand in November 2019, recovering from a 2.7 percent drop in October and easily beating market expectations of a 0.3 percent fall, as low mortgage rates continued to support the housing market.
New Home Sales in the United States averaged 650.68 Thousand units from 1963 until 2019, 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. source: U.S. Census Bureau
New Home Sales in the United States is expected to be 727.00 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 600.00 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 460.00 Thousand units in 2020, according to our econometric models.