United States New Home Sales  1963-2018 | Data | Chart | Calendar

Sales of new single-family houses in the United States shrank 1.7 percent from the previous month to a seasonally adjusted annual rate of 627 thousand in July of 2018, following a downwardly revised 2.4 percent gain in June. It is the lowest rate since October, worse than market expectations of 645 thousand. Sales fell in the Northeast and in the South. New Home Sales in the United States averaged 650.68 Thousand from 1963 until 2018, reaching an all time high of 1389 Thousand in July of 2005 and a record low of 270 Thousand in February of 2011.

United States New Home Sales
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US New Home Sales Unexpectedly Fall


Sales of new single-family houses in the United States shrank 1.7 percent from the previous month to a seasonally adjusted annual rate of 627 thousand in July of 2018, following a downwardly revised 2.4 percent drop in June. It is the lowest rate since October, worse than market expectations of 645 thousand. Sales fell in the Northeast and in the South.

Sales declined in the South (-3.3 percent to 355 thousand) and the Northeast (-52.3 percent to 21 thousand, the lowest since September of 2015) but rose in the West (10.9 percent to 173 thousand) and the Midwest (9.9 percent to 78 thousand). 

The median sales price of new houses sold was USD 328,700 above USD 322,900 in the same month of the previous year. The average sales price jumped to USD 394,300 in July from USD 372,400 a year earlier.

The stock of new houses for sale went up 2 percent to 309 thousand, the most since March of 2009. This represents a supply of 5.9 months at the current sales rate.

Year-on-year, new home sales increased 12.8 percent.


US Census Bureau | Joana Taborda | joana.taborda@tradingeconomics.com
8/23/2018 2:23:32 PM



Calendar GMT Actual Previous Consensus TEForecast
2018-07-25 02:00 PM New Home Sales MoM -5.3% 3.9% -2.8% -10%
2018-08-23 02:00 PM New Home Sales MoM -1.7% -2.4% 2.2% 0.6%
2018-08-23 02:00 PM New Home Sales 0.627M 0.638M 0.645M 0.635M
2018-09-26 02:00 PM New Home Sales -1.7% 637K 0.2%
2018-09-26 02:00 PM New Home Sales MoM 0.627M 2.2% 0.63M
2018-10-24 02:00 PM New Home Sales 0.58M


United States Housing Last Previous Highest Lowest Unit
Building Permits 1311.00 1292.00 2419.00 513.00 Thousand [+]
Housing Starts 1168.00 1158.00 2494.00 478.00 Thousand units [+]
New Home Sales 627.00 638.00 1389.00 270.00 Thousand [+]
Pending Home Sales -2.30 -2.40 30.90 -24.30 percent [+]
Existing Home Sales 5340.00 5380.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.10 -0.80 5.90 -4.80 percent [+]
Housing Index 0.20 0.40 1.20 -1.80 percent [+]
Nahb Housing Market Index 67.00 67.00 78.00 8.00 [+]
Mortgage Rate 4.84 4.80 10.56 3.47 percent [+]
Mortgage Applications -1.80 -0.10 49.10 -38.80 percent [+]
Case Shiller Home Price Index 213.07 212.00 213.07 100.00 Index Points [+]
Home Ownership Rate 64.30 64.20 69.20 62.90 percent [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
627.00 638.00 1389.00 270.00 1963 - 2018 Thousand Monthly
Volume, SA




new home sales by Country
Country Last
Australia 5065.00 Jun/18
France 34096.00 Jun/18
Singapore 616.00 Aug/18
Spain 7.78 Jul/18
Turkey 57617.00 Jul/18
United States 627.00 Jul/18


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