New Home Sales measures the monthly change in the number of newly constructed homes sold. Unlike existing home sales, this indicator tracks sales at the point of contract signing, making it a more forward-looking indicator of housing market trends. It is highly sensitive to interest rate changes and overall economic conditions.
Data is sourced from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), based on a sample of new residential construction projects.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Mar 25, 2025 | 1.80 | 0.50 | +1.30 |
| Jan 25, 2024 | 8.00 | 8.00 | 0.00 |
| Jan 26, 2023 | 2.30 | -2.00 | +4.30 |
| Nov 23, 2022 | 7.50 | -3.80 | +11.30 |
| Oct 26, 2022 | -10.90 | -13.90 | +3.00 |
| Aug 23, 2022 | -12.60 | -3.00 | -9.60 |
| Feb 24, 2022 | -4.50 | -8.60 | +4.10 |
| Oct 26, 2021 | 14.00 | 0.76 | +13.24 |
The latest reading is 20.8 standard deviations above the mean.