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. source: U.S. Census Bureau

New Home Sales in the United States averaged 653.19 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 December of 2020.

New Home Sales in the United States is expected to be 750.00 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 620.00 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 560.00 Thousand units in 2021 and 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
999.00 1002.00 1389.00 270.00 1963 - 2020 Thousand units Monthly
Volume, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-26 02:00 PM New Home Sales MoM Sep -3.5% 3% 2.8% 3.5%
2020-10-26 02:00 PM New Home Sales Sep 0.959M 0.994M 1.025M 1.01M
2020-11-25 03:00 PM New Home Sales MoM Oct -0.3% 0.1% 1.5% 2.2%
2020-11-25 03:00 PM New Home Sales Oct 0.999M 1.002M 0.97M 0.98M
2020-12-23 03:00 PM New Home Sales Nov 0.999M 0.99M 0.985M
2020-12-23 03:00 PM New Home Sales MoM Nov -0.3% -0.9% -1.4%
2021-01-28 03:00 PM New Home Sales Dec 0.91M
2021-01-28 03:00 PM New Home Sales MoM Dec


News Stream
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
US New Home Sales Unexpectedly Jump in August
Sales of new single-family homes in the United States jumped 4.8 percent from the previous month to a seasonally adjusted annual rate of 1,011 thousand in August of 2020, surprising markets that were expecting a fall to 895 thousand. It is the highest reading since September of 2006 as the housing market continues to recover from the coronavirus hit, prompted by record low interest rates and increasing demand as people move away from the big cities. New home sales increased in the South (13.4 percent to 636 thousand) and the Northeast (5 percent to 42 thousand) but fell in the Midwest (-21.4 percent to 99 thousand after a 59.5 percent rise in July) and the West (-1.7 percent to 234 thousand). The average sales price went down to $369,000 from $392,700 a year earlier. The number of new houses for sale available on the market fell 3.1 percent to 282 thousand.
2020-09-24
US New Homes Sales Highest since 2006
Sales of new single-family homes in the United States soared 13.9 percent from the previous month to a seasonally adjusted annual rate of 901 thousand in July of 2020, easily beating market expectations of 785 thousand. It is the highest reading since December of 2006 as the housing market continued to recover from the coronavirus hit amid record low interest rates and as people move away from the big cities. New home sales increased in the Midwest (58.8 percent to 127 thousand), the South (13 percent to 513 thousand) and the West (7.8 percent to 221 thousand) but fell in the Northeast (-23.1 percent to 40 thousand). The average sales price went up to $391,300 from $373,500 a year earlier. The number of new houses for sale available on the market fell 1.6 percent to 299 thousand.
2020-08-25

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.