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United States New Home Sales
Last Release
Aug 2021
Actual
740 Thousand units
Forecast
0.77 Thousand units
Previous
729 Thousand units
Frequency
Monthly
Units In
Thousand units
Next Release
Oct 26, 2021
Time to Release
7 Days 20 Hours
Highest | Lowest | Average | Date Range | Source |
1389 Thousand units Jul 2005 | 270 Thousand units Feb 2011 | 655.35 Thousand units | 1963 - 2021 | U.S. Census Bureau |
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.
Latest Updates
New home sales in the US jumped 1.5% to a seasonally adjusted annual rate of 740K in August of 2021, following a big upward revision to 729K in July, and beating market forecasts of 714K. It is the highest reading in four months with sales jumping the most in the Northeast (26.1%), the South (6%) and the West (1.4%) while falling in the Midwest (-31.1%). The median sales price increased to $390,900 from $325,500 a year earlier. There were 378K new homes available for sales on the market, higher than 366K in July. Still, new home sales remain well below 977K in August of 2020 as high prices due to rising material costs continue to weigh on buyers' affordability.
United States New Home Sales History
Last 12 readings
Latest Releases and Calendar Events
News
All News| DATE | TIME | TITLE |
|---|---|---|
| Sep 24, 2021 | 14:06 | US New Home Sales Rise to 4-Month High |
| Aug 24, 2021 | 14:05 | US New Home Sales Rebound |
| Jul 26, 2021 | 14:07 | US New Home Sales Fall for 3rd Month |
| Dec 23, 2019 | 15:11 | US New Home Sales Rebound in November |
| Nov 26, 2019 | 15:18 | US New Home Sales Unexpectedly Fall |
| Oct 24, 2019 | 14:20 | US New Home Sales Fall in September |
| Sep 25, 2019 | 14:16 | US New Home Sales Rise More than Expected |
United States housing Indicators
All United States indicatorsIndicator | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| Building Permits | 1,721 Aug 2021 | 1,630 Jul 2021 | 513 Mar 2009 | 2,419 Dec 1972 | Thousand | Monthly | 1960 - 2021 |
| Case Shiller Home Price Index | 272.34 Jul 2021 | 262.7 May 2021 | 100 Jan 2000 | 272.34 Jul 2021 | points | Monthly | 2000 - 2021 |
| Construction Spending | 0 Aug 2021 | 0.3 Jul 2021 | -4.8 Feb 1975 | 5.9 Apr 1978 | % | Monthly | 1964 - 2021 |
| Existing Home Sales | 5,880 Aug 2021 | 6,000 Jul 2021 | 1,370 Mar 1970 | 7,250 Sep 2005 | Thousand | Monthly | 1968 - 2021 |
| Home Ownership Rate | 65.4 Jun 2021 | 65.6 Mar 2021 | 62.9 Jun 2016 | 69.2 Dec 2004 | % | Quarterly | 1965 - 2021 |
| Housing Index | 1.4 Jul 2021 | 1.7 May 2021 | -1.8 Nov 2008 | 1.8 Apr 2021 | % | Monthly | 1991 - 2021 |
New Home Sales across North America
New Home Sales global viewCountry | Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|---|
| United States | 740 Aug 2021 | 729 Jul 2021 | 270 Feb 2011 | 1,389 Jul 2005 | Thousand units | Monthly | 1963 - 2021 |