New home sales in the US rose by 7.5% to a seasonally adjusted annualized rate of 632K in October, beating market forecasts of 570K sales and defying the recent pullback in housing demand as the Fed aggressively raises interest rates. 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 December of 2022.

New Home Sales MoM in the United States is expected to be -2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States New Home Sales MoM is projected to trend around 2.10 percent in 2023 and 0.50 percent in 2024, according to our econometric models.

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United States New Home Sales MoM

Calendar GMT Actual Previous Consensus TEForecast
2022-10-26 02:00 PM Sep -10.9% 24.7% -13.9% -11%
2022-11-23 03:00 PM Oct 7.5% -11% -3.8%
2022-12-23 03:00 PM Nov

Related Last Previous Unit Reference
Building Permits 1512.00 1564.00 Thousand Oct 2022
Housing Starts 1425.00 1488.00 Thousand units Oct 2022
New Home Sales 632.00 588.00 Thousand units Oct 2022
Construction Spending -0.30 0.10 percent Oct 2022
New Home Sales MoM 7.50 -11.00 percent Oct 2022
Home Ownership Rate 66.00 65.80 percent Sep 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
7.50 -11.00 31.20 -33.60 1963 - 2022 percent Monthly