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Economy

Economic Data (USA)

Tuesday, February 27, 2024

New Home Sales During January, 2024

The January, 2024 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Previous Month (revised): 651,000

  • Actual New Home Sales: 661,000

------------------------------------------------------

  • Change from 1 Month Previous: +10,000 units (+1.54%)

  • Change from 1 Year Previous: +12,000 units (+1.85%)


------------------------------------------------------

Median Price for a New Home
During January, 2024: $420,700
 

***************************

Average Price for a New Home
During January, 2024: $534,300

------------------------------------------------------

Inventory: 456,000 (8.3 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

CHART: New Home Sales - January, 2024 Update
CHART: New Home Sales
January, 2024 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


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Thursday, October 26, 2023

New Home Sales During September 2023

The September 2023 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Previous Month (revised): 676,000
  • Actual New Home Sales: 759,000

------------------------------------------------------

  • Change from 1 Month Previous: +83,000 units (+12.28%)

  • Change from 1 Year Previous: +192,000 units (+33.86%)


------------------------------------------------------

Median Price for a New Home
During September 2023: $418,800 
 

***************************

Average Price for a New Home
During September 2023: $503,900

------------------------------------------------------

Inventory: 435,000 (6.9 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

CHART: New Home Sales - September 2023 Update
CHART: New Home Sales
September 2023 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

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Wednesday, August 23, 2023

New Home Sales During July 2023

The July 2023 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Previous Month (revised): 684,000
  • Actual New Home Sales: 714,000

------------------------------------------------------

  • Change from 1 Month Previous: +30,000 units (+4.39%)

  • Change from 1 Year Previous: +171,000 units (+31.49%)


------------------------------------------------------

Median Price for a New Home
During July 2023: $436,700 
 

***************************

Average Price for a New Home
During July 2023: $513,000

------------------------------------------------------

Inventory: 437,000 (7.3 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

CHART: New Home Sales - July 2023 Update
CHART: New Home Sales
July 2023 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Thursday, July 27, 2023

New Home Sales During June 2023

The June 2023 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 710,000
  • Actual New Home Sales: 697,000

------------------------------------------------------

  • Change from 1 Month Previous: -18,000 units (-2.517%)

  • Change from 1 Year Previous: +134,000 units (+23.801%)


------------------------------------------------------

Median Price for a New Home
During June 2023: $415,400 
 

***************************

Average Price for a New Home
During June 2023: $494,700

------------------------------------------------------

Inventory: 432,000 (7.4 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 CHART: New Home Sales - June 2023 Update

CHART: New Home Sales
June 2023 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Wednesday, June 28, 2023

New Home Sales During May 2023

The May 2023 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 700,000
  • Actual New Home Sales: 763,000

------------------------------------------------------

  • Change from One Month Previous: +83,000 units (+12.206%)

  • Change from One Year Previous: +127,000 units (+19.97%)


------------------------------------------------------

Median Price for a New Home
During May 2023: $416,300 
 

***************************

Average Price for a New Home
During May 2023: $487,300

------------------------------------------------------

Inventory: 428,000 (6.7 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 CHART: New Home Sales - May 2023 Update
CHART: New Home Sales
May 2023 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

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Wednesday, October 26, 2022

New Home Sales During September 2022

The September 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 600,000
  • Actual New Home Sales: 603,000

------------------------------------------------------

  • Change from One Month Previous: -74,000 units (-10.93%)

  • Change from One Year Previous: -129,000 units (-17.62%)


------------------------------------------------------

Median Price for a New Home
During September 2022: $470,600 
 

***************************

Average Price for a New Home
During September 2022: $517,700

------------------------------------------------------

Inventory: 462,000 (9.2 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 CHART: New Home Sales - September 2022 Update

CHART: New Home Sales
September 2022 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Tuesday, September 27, 2022

New Home Sales During August 2022

The August 2022 New Home Sales report was released by the Commerce Department this morning:

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Predicted: 550,000
  • Actual New Home Sales: 685,000

------------------------------------------------------

  • Change from One Month Previous: +153,000 units (+28.76%)

  • Change from One Year Previous: -1,000 units (-0.146%)


------------------------------------------------------

Median Price for a New Home
During August 2022: $436,800 
 

***************************

Average Price for a New Home
During August 2022: $521,800

------------------------------------------------------

Inventory: 461,000 (8.1 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 
CHART: New Home Sales - August 2022 Update

CHART: New Home Sales
August 2022 Update


================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Thursday, August 25, 2022

New Home Sales During July 2022

The July 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 550,000
  • Actual New Home Sales: 511,000

------------------------------------------------------

  • Change from One Month Previous: -74,000 units (-12.65%)

  • Change from One Year Previous: -215,000 units (-29.61%)


------------------------------------------------------

Median Price for a New Home
During July 2022: $439,400 
 

***************************

Average Price for a New Home
During July 2022: $546,800

------------------------------------------------------

Inventory: 464,000 (10.9 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 
CHART: New Home Sales - July 2022 Update
CHART: New Home Sales - July 2022 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Tuesday, July 26, 2022

New Home Sales During June 2022

The June 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 650,000
  • Actual New Home Sales: 590,000

------------------------------------------------------

  • Change from One Month Previous: -52,000 units (-8.1%)

  • Change from One Year Previous: -124,000 units (-17.37%)


------------------------------------------------------

Median Price for a New Home
During June 2022: $402,400 
 

***************************

Average Price for a New Home
During June 2022: $456,800

------------------------------------------------------

Inventory: 457,000 (9.3 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 
CHART: New Home Sales - June 2022 Update

CHART: New Home Sales - June 2022 Update
 

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Friday, June 24, 2022

New Home Sales During May 2022

The May 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 600,000
  • Actual New Home Sales: 696,000

------------------------------------------------------

  • Change from One Month Previous: +67,000 units (+10.652%)

  • Change from One Year Previous: -44,000 units (-5.95%)


------------------------------------------------------

Median Price for a New Home
during May 2022: $449,000 
 

***************************

Average Price for a New Home
during May 2022: $511,400

------------------------------------------------------

Inventory: 444,000 (7.7 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================


CHART: New Home Sales - May 2022 Update

CHART: New Home Sales - May 2022 Update


================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Tuesday, May 24, 2022

New Home Sales During April 2022

The April 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 650,000
  • Actual New Home Sales: 591,000

------------------------------------------------------

  • Change from One Month Previous: -118,000 units (-16.643%)

  • Change from One Year Previous: -218,000 units (-26.947%)


------------------------------------------------------

Median Price for a New Home
during April 2022: $450,600 (New Record High)
 

***************************

Average Price for a New Home
during April 2022: $570,300 (New Record High)

------------------------------------------------------

Inventory: 444,000 (9.0 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================


CHART: New Home Sales - April 2022 Update

CHART: New Home Sales - April 2022 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Tuesday, April 26, 2022

New Home Sales During March 2022

The March 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 760,000
  • Actual New Home Sales: 763,000

------------------------------------------------------

  • Change from One Month Previous: -72,000 units (-8.623%)

  • Change from One Year Previous: -110,000 units (-12.6%)


------------------------------------------------------

Median Price for a New Home
during March 2022: $436,700 (New Record High)
 

***************************

Average Price for a New Home
during March 2022: $523,900 (New Record High)

------------------------------------------------------

Inventory: 407,000 (6.4 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

CHART: New Home Sales - March 2022 Update

CHART: New Home Sales - March 2022 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Wednesday, March 23, 2022

New Home Sales During February 2022

The February 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 800,000
  • Actual New Home Sales: 772,000

------------------------------------------------------

  • Change from One Month Previous: -16,000 units (-2.03%)

  • Change from One Year Previous: -51,000 units (-6.197%)


------------------------------------------------------

Median Price for a New Home
during February 2022: $400,600
 

***************************

Average Price for a New Home
during February 2022: $511,000 (New Record High)

------------------------------------------------------

Inventory: 407,000 (6.3 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Thursday, February 24, 2022

New Home Sales During January 2022

The January 2022 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 805,000
  • Actual New Home Sales: 801,000

------------------------------------------------------

  • Change from One Month Previous: -38,000 units (-4.529%)

  • Change from One Year Previous: -192,000 units (-19.335%)


------------------------------------------------------

Median Price for a New Home
during January 2022: $423,300
 

***************************

Average Price for a New Home
during January 2022: $496,900 (New Record High)

------------------------------------------------------

Inventory: 406,000 (6.1 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Thursday, December 23, 2021

New Home Sales During November 2021

The November 2021 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 750,000
  • Actual New Home Sales: 744,000

------------------------------------------------------

  • Change from One Month Previous: +82,000 units (+12.387%)

  • Change from One Year Previous: -121,000 units (-13.988%)


------------------------------------------------------

Median Price for a New Home
during November 2021: $416,900 (New Record High)

***************************

Average Price for a New Home
during November 2021: $481,700 (New Record High)

------------------------------------------------------

Inventory: 402,000 (6.5 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

 
CHART: Cost of A Newly Built Home - November 2021 Update

 CHART: Cost of A Newly Built Home
November 2021 Update

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Wednesday, November 24, 2021

New Home Sales During October 2021

The October 2021 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 700,000
  • Actual New Home Sales: 745,000

------------------------------------------------------

  • Change from One Month Previous: +3,000 units (+0.404%)

  • Change from One Year Previous: -224,000 units (-23.117%)


------------------------------------------------------

Median Price for a New Home
during October 2021: $407,700

***************************

Average Price for a New Home
during October 2021: $477,800

------------------------------------------------------

Inventory: 389,000 (6.3 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================

CHART: New Home Sales - October 2021 Update

CHART: New Home Sales
October 2021 Update
 

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Tuesday, August 24, 2021

New Home Sales During July 2021

The  July 2021 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 700,000
  • Actual New Home Sales: 708,000

------------------------------------------------------

  • Change from One Month Previous: +7,000 units (+0.999%)

  • Change from One Year Previous: -264,000 units (-27.16%)


------------------------------------------------------

Median Price for a New Home
during July 2021: $390,500

***************************

Average Price for a New Home
during July 2021: $446,000

------------------------------------------------------

Inventory: 367,000 (6.2 months supply at current sales rate; seasonally‐adjusted estimate.)

------------------------------------------------------

================================ 

 

CHART: New Home Sales - July 2021 Update

CHART: New Home Sales
July 2021 Update
 

================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Monday, July 26, 2021

New Home Sales During June 2021

The June 2021 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 700,000
  • Actual New Home Sales: 676,000

------------------------------------------------------

  • Change from One Month Previous: -48,000 units (-6.63%)

  • Change from One Year Previous: -163,000 units (-19.428%)


------------------------------------------------------

Median Price for a New Home
during June 2021: $361,800

***************************

Average Price for a New Home
during June 2021: $428,700

------------------------------------------------------

Inventory: 353,000 (6.3 months supply at current sales rate; seasonally‐adjusted.)

------------------------------------------------------

================================

CHART: New Home Sales - June 2021 Update
CHART: New Home Sales
 June 2021 Update

 ================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================

 

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Wednesday, February 24, 2021

New Home Sales During January 2021

The January 2021 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 900,000
  • Actual New Home Sales: 923,000

------------------------------------------------------

  • Change from One Month Previous: +38,000 units (+4.294%)

  • Change from One Year Previous: +149,000 units (+19.251%)


------------------------------------------------------

Median Price for a New Home
during January 2021: $346,400

***************************

Average Price for a New Home
during January 2021: $408,800

------------------------------------------------------

Inventory: 307,000 (4.0 months supply at current sales rate; seasonally‐adjusted.)

------------------------------------------------------

================================

CHART: New Home Sales January 2021 Update

CHART: New Home Sales
January 2021 Update

 ================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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Wednesday, December 23, 2020

New Home Sales During November 2020

The November 2020 New Home Sales report was released by the Commerce Department this morning:

------------------------------------------------------

Predicted: 850,000
  • Actual New Home Sales: 841,000

------------------------------------------------------

  • Change from One Month Previous: -104,000 units (-11.005%)

  • Change from One Year Previous: +145,000 units (+20.833%)


------------------------------------------------------

Median Price for a New Home
during November 2020: $335,300

***************************

Average Price for a New Home
during November 2020: $390,100

------------------------------------------------------

Inventory: 286,000 (4.1 months supply at current sales rate; seasonally‐adjusted.)

------------------------------------------------------

================================

 

CHART: New Home Sales - November 2020 Update

CHART: New Home Sales
November 2020 Update

 ================================


================================


Compiled jointly by the U.S. Commerce Department and the U.S. Department of Housing and Urban Development, the yellow-highlighted figure above is the seasonally adjusted and annualized number of newly-built homes with committed buyers for the indicated month.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

The New Home Sales report is watched by economists and investors because it offers insight into the state of the U.S. housing market, and also provides data that can be used to predict sales of large household furniture and appliances like refrigerators, air conditioners, microwave ovens, etc.


================================

================================


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education loans, first or second mortgages, credit cards, car loans or any type of insurance.