New Home Sales is an economic indicator published monthly by the U.S. Census Bureau, which measures the sales of newly built homes. Here is the relevant data and acquisition links:
Data Introduction
- Content: The New Home Sales report includes the number of houses sold, median and average sales prices, and inventory of unsold houses. It tracks the sales of single – family homes, which are residential structures designed for one family.
- Significance: The data offers a valuable snapshot of housing demand. Although it shows what has happened in the past, many economists consider it a leading indicator of the economy. The New Home Sales report is regarded as an important economic indicator as it provides insights into the health of the real estate market, which is a crucial driver of economic growth.
Acquisition Links
- U.S. Census Bureau’s official website: The Census Bureau releases the New Home Sales report on its website, which is convenient for public access. The report usually comes out on the 12th business day of the month following the reference month. For example, the report for January is released on the 12th business day of February. This page provides national and regional data on the number of new single – family houses sold and for sale. It also offers national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics.
- National Association of Realtors (NAR) website: The NAR regularly releases the “Real Estate Market Trends” report, which covers a wide range of content, including various housing price indexes, new home sales data, second – hand home sales and prices, new home starts and completions, and the supply of new and old homes. In addition, the website provides various types of real – time data downloads. You can easily obtain the calculation results by entering key phrases.
- Financial news websites and media: Websites and media such as Yahoo Finance and CNBC often publish the latest news and analysis on New Home Sales data. By searching for relevant keywords like “New Home Sales” on these platforms, you can find the latest reports and analysis articles.
