New Home Sales in the United States decreased to 623 Thousand units in May from 722 Thousand units in April of 2025. This dataset 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.

Existing Home Sales in the United States increased to 4030 Thousand in May from 4000 Thousand in April of 2025. This dataset provides the latest reported value for - United States Existing Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The number of U.S. home sales in the United States declined in 2024, after soaring in 2021. A total of four million transactions of existing homes, including single-family, condo, and co-ops, were completed in 2024, down from 6.12 million in 2021. According to the forecast, the housing market is forecast to head for recovery in 2025, despite transaction volumes expected to remain below the long-term average. Why have home sales declined? The housing boom during the coronavirus pandemic has demonstrated that being a homeowner is still an integral part of the American dream. Nevertheless, sentiment declined in the second half of 2022 and Americans across all generations agreed that the time was not right to buy a home. A combination of factors has led to house prices rocketing and making homeownership unaffordable for the average buyer. A survey among owners and renters found that the high home prices and unfavorable economic conditions were the two main barriers to making a home purchase. People who would like to purchase their own home need to save up a deposit, have a good credit score, and a steady and sufficient income to be approved for a mortgage. In 2022, mortgage rates experienced the most aggressive increase in history, making the total cost of homeownership substantially higher. Are U.S. home prices expected to fall? The median sales price of existing homes stood at 413,000 U.S. dollars in 2024 and was forecast to increase slightly until 2026. The development of the S&P/Case Shiller U.S. National Home Price Index shows that home prices experienced seven consecutive months of decline between June 2022 and January 2023, but this trend reversed in the following months. Despite mild fluctuations throughout the year, home prices in many metros are forecast to continue to grow, albeit at a much slower rate.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q1 2025 about sales, median, housing, and USA.

In April 2025, approximately ******* home construction projects started in the United States. The lowest point for housing starts over the past decade was in 2009, just after the 2007-2008 global financial crisis. Since 2010, the number of housing units started has been mostly increasing despite seasonal fluctuations. Statista also has a dedicated topic page on the U.S. housing market as a starting point for additional investigation on this topic. The impact of the global recession The same trend can be seen in home sales over the past two decades. The volume of U.S. home sales began to drop in 2005 and continued until 2010, after which home sales began to increase again. This dip in sales between 2005 and 2010 suggests that supply was outstripping demand, which led to decreased activity in the residential construction sector. Impact of recession on home buyers The financial crisis led to increased unemployment and pay cuts in most sectors, which meant that potential home buyers had less money to spend. The median income of home buyers in the U.S. fluctuated alongside the home sales and starts over the past decade.

New Home Sales MoM in the United States decreased to -13.70 percent in May from 9.60 percent in April of 2025. This dataset includes a chart with historical data for the United States New Home Sales MoM.

Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from Jun 2024 to Jun 2025 about headline figure, sales, housing, and USA.

New Home Sales in Ireland increased to 911 Units in May from 840 Units in April of 2025. This dataset provides - Ireland New Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Home Sales YoY in China decreased to -23 percent in June from -8.60 percent in May of 2025. This dataset includes a chart with historical data for China New Home Sales YoY.

Graph and download economic data for Monthly Supply of New Houses in the United States (MSACSR) from Jan 1963 to May 2025 about supplies, new, housing, and USA.

New Home Sales in Spain increased to 12.79 Thousand units in May from 11.41 Thousand units in April of 2025. This dataset provides - Spain New Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of existing homes for sale in the United States decreased overall since 2013, while the number of newly built homes for sale followed the opposite trend. As of June 2024, there were over *** million existing and ******* newly built housing units for sale. Unlike new homes, the existing housing inventory typically increased in the second and third quarters of the year when the housing market is more active.

Graph and download economic data for Existing Home Sales: Housing Inventory (HOSINVUSM495N) from May 2024 to May 2025 about inventories, sales, housing, and USA.

Housing Starts in the United States increased to 1321 Thousand units in June from 1263 Thousand units in May of 2025. This dataset provides the latest reported value for - United States Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

During the COVID-19 pandemic, the number of house sales in the UK spiked, followed by a period of decline. In 2023 and 2024, the housing market slowed notably, and in January 2025, transaction volumes fell to 46,774. House sales volumes are impacted by a number of factors, including mortgage rates, house prices, supply, demand, as well as the overall health of the market. The economic uncertainty and rising unemployment rates has also affected the homebuyer sentiment of Brits. How have UK house prices developed over the past 10 years? House prices in the UK have increased year-on-year since 2015, except for a brief period of decline in the second half of 2023 and the beginning of 2024. That is based on the 12-month percentage change of the UK house price index. At the peak of the housing boom in 2022, prices soared by nearly 14 percent. The decline that followed was mild, at under three percent. The cooling in the market was more pronounced in England and Wales, where the average house price declined in 2023. Conversely, growth in Scotland and Northern Ireland continued. What is the impact of mortgage rates on house sales? For a long period, mortgage rates were at record-low, allowing prospective homebuyers to take out a 10-year loan at a mortgage rate of less than three percent. In the last quarter of 2021, this period came to an end as the Bank of England rose the bank lending rate to contain the spike in inflation. Naturally, the higher borrowing costs affected consumer sentiment, urging many homebuyers to place their plans on hold and leading to a decline in sales.

These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are accredited official statistics.

England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.

Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/" class="govuk-link">Revenue Scotland to continue the time series.

Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority" class="govuk-link">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.

LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.

LTT transactions up to the penultimate month are aligned with LTT statistics.

Go to Stamp Duty Land Tax guidance for the latest rates and information.

Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.

The latest release was published 09:30 27 June 2025 and was updated with provisional data from completed transactions during May 2025.

The next release will be published 09:30 31 July 2025 and will be updated with provisional data from completed transactions during June 2025.

https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above" class="govuk-link">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.

Graph and download economic data for New Privately-Owned Housing Units Started: Single-Family Units (HOUST1F) from Jan 1959 to Jun 2025 about housing starts, privately owned, 1-unit structures, family, housing, and USA.

The Japan Residential Construction Market, valued at approximately ¥15 trillion (assuming a market size "XX" of 15 trillion based on typical market size for a developed nation like Japan and given the CAGR of >5%) in 2025, is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This growth is fueled by several key drivers. An aging population necessitates increased demand for senior-friendly housing, while urbanization continues to drive demand in metropolitan areas like Tokyo, Osaka, and Nagoya. Government initiatives promoting sustainable and energy-efficient construction methods further contribute to market expansion. The market is segmented by dwelling type (apartments & condominiums, villas, other types) and construction type (new construction, renovation), reflecting diverse consumer preferences and project scales. Leading players like Asahi Kasei Homes, Toyota Housing Co., and Sekisui House dominate the landscape, leveraging technological advancements and brand recognition to maintain market share. However, rising land prices and stringent building regulations pose significant challenges to sustained growth. Furthermore, fluctuations in lumber prices and potential labor shortages could impact construction timelines and project costs. The market's future trajectory hinges on effectively addressing these challenges. The continued focus on innovative construction techniques, incorporating smart home technologies, and adopting sustainable building materials will be crucial for companies to compete successfully. Government policies aiming to streamline regulations and provide incentives for environmentally friendly housing development will play a vital role in shaping the market's growth. The increasing demand for customized housing solutions and a rise in the preference for sustainable and energy-efficient homes will shape the evolving landscape of the Japanese residential construction market throughout the forecast period. Successful players will be those who adapt swiftly to changing consumer preferences, innovate their building practices, and navigate the regulatory environment effectively. Recent developments include: November 2022: Asahi Kasei Homes acquired 100% ownership of all the subsidiaries of Focus Company. This acquisition will help Asahi Kasei Homes strengthen its core business of order-built unit homes in Japan, North America, and Australia., April 2022: Panasonic Homes commenced selling their Casart Black & Stone model, a Zero Energy Home (ZEH), in April 2022. The Black & Stone has an Earthquake Safety and Comfort Warranty that will restore the building to its original condition in the unlikely event that more than half of the house is damaged in an earthquake. The Black & Stone has a Grade 3 rating, the highest seismic performance rating that is achievable, under the Housing Performance Indication System.. Key drivers for this market are: Increase FDI in construction in Asia-Pacific, Minimized Construction Wastage. Potential restraints include: Availability of Skilled Labor. Notable trends are: Foreign Investments in Japan is Driving the Market.

The Japan Residential Construction Market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5% from 2025 to 2033. This expansion is fueled by several key drivers. A growing aging population necessitates more adaptable and accessible housing solutions, driving demand for renovation and specialized construction. Simultaneously, urbanization and increasing disposable incomes are boosting demand for new, modern apartments and condominiums, particularly in major metropolitan areas. Government initiatives aimed at improving housing affordability and infrastructure development further contribute to market expansion. However, the market faces certain constraints, including land scarcity in densely populated urban centers and fluctuating material costs, potentially impacting construction timelines and overall project viability. The market is segmented by dwelling type (apartments & condominiums, villas, others) and construction type (new construction, renovation). Leading players, including Daiwa House, Sekisui House, and Panasonic Homes, are strategically positioning themselves to capitalize on these trends through innovative designs, sustainable building practices, and technological integration. Competition remains intense, requiring companies to offer differentiated products and services to maintain market share. The market's success hinges on addressing the challenges of land scarcity and material costs effectively. Companies achieving this balance, combined with a focus on creating energy-efficient and technologically advanced housing solutions tailored to the evolving needs of the Japanese population, are well-positioned to benefit from the continued growth trajectory. The renovation segment, spurred by the aging population's need for accessible housing, represents a significant opportunity for market expansion, especially in the coming years. Furthermore, the strategic integration of smart home technology and sustainable materials will likely influence consumer preference and drive innovation within the industry. The dominance of established players underscores the need for newer entrants to offer unique value propositions to compete effectively. Future growth will likely be marked by increased specialization and a growing focus on providing tailored solutions to a diverse range of consumer needs. Recent developments include: November 2022: Asahi Kasei Homes acquired 100% ownership of all the subsidiaries of Focus Company. This acquisition will help Asahi Kasei Homes strengthen its core business of order-built unit homes in Japan, North America, and Australia., April 2022: Panasonic Homes commenced selling their Casart Black & Stone model, a Zero Energy Home (ZEH), in April 2022. The Black & Stone has an Earthquake Safety and Comfort Warranty that will restore the building to its original condition in the unlikely event that more than half of the house is damaged in an earthquake. The Black & Stone has a Grade 3 rating, the highest seismic performance rating that is achievable, under the Housing Performance Indication System.. Notable trends are: Foreign Investments in Japan is Driving the Market.