New Home Sales measures the number of newly constructed single-family homes sold during the month. Unlike existing home sales, this indicator is based on the signing of a contract rather than the closing of a sale, making it a more timely leading indicator of housing market trends. It is highly sensitive to interest rates and mortgage availability. Growth in this sector often leads to increased demand for construction materials and labor.
Data is collected by the U.S. Census Bureau through surveys of homebuilders. A sale is counted when a deposit is taken or a contract is signed, even if the house is not yet built.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 14, 2022 | -16.00 | — | — |
| Aug 12, 2022 | -13.10 | 0.80 | -13.90 |
| Jul 21, 2022 | 1.90 | -2.30 | +4.20 |
| Jun 10, 2022 | -5.50 | -1.10 | -4.40 |
| May 13, 2022 | -1.20 | — | — |
| Apr 15, 2022 | 3.90 | -1.20 | +5.10 |
| Mar 17, 2022 | -7.00 | 1.00 | -8.00 |
| Feb 15, 2022 | -8.30 | 3.00 | -11.30 |
| Jan 21, 2022 | 11.30 | 4.00 | +7.30 |
| Dec 16, 2021 | 7.70 | — | — |
| Nov 9, 2021 | 11.10 | 3.00 | +8.10 |
| Oct 12, 2021 | 2.30 | -2.00 | +4.30 |
| Sep 16, 2021 | 5.80 | -9.00 | +14.80 |
