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.

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.

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.

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

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.

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

Pending Home Sales MoM in the United States increased to 1.80 percent in May from -6.30 percent in April of 2025. This dataset includes a chart with historical data for the United States Pending Home Sales MoM.

Our dataset features comprehensive housing market data, extracted from 250,000 records sourced directly from Redfin USA. Our Crawl Feeds team utilized proprietary in-house tools to meticulously scrape and compile this valuable data.

Key Benefits of Our Housing Market Data:

• In-Depth Market Analysis: Gain insights into the real estate market with up-to-date data on recently sold properties.
  
  
• Price Trend Identification: Track and analyze price trends across different cities.
  
  
• Accurate Price Estimation: Estimate property values based on key factors such as area, number of beds and baths, square footage, and more.
  
  
• Detailed Real Estate Statistics: Access detailed statistics segmented by zip code, area, and state.

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The number of new houses sold in the United States took a big hit during the financial crisis, dropping from a high of around *** million houses sold in 2005 to a low of *** thousand homes sold in 2011 – around a ** percent decrease. While the economy has largely recovered since the crisis, consumers remained hesitant when it comes to buying homes. In 2020, demand for housing surged and house sales volumes spiked to *******. Housing construction remains suppressed One of the main challenges in the U.S. housing market is the insufficient number of new homes built. During the financial crisis, construction slowed dramatically, and has still struggled to recover. Construction costs, on the other hand, have risen notably, making homeownership increasingly pricier. House prices on the rise Unsurprisingly, the median sales price of new homes has risen substantially. In 2024, the U.S. Case Shiller National Home Price Index, reached *** index points, suggesting the price of a home tripled since 2000, the base year of the index.

Pending Home Sales in the United States increased 1.10 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United States Pending Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Average House Prices in the United States increased to 522200 USD in May from 511200 USD in April of 2025. This dataset includes a chart with historical data for the United States New Home Average Sales Price.

This dataset uses data provided from Washington State’s Housing Market, a publication of the Washington Center for Real Estate Research (WCRER) at the University of Washington.

Median sales prices represent that price at which half the sales in a county (or the state) took place at higher prices, and half at lower prices. Since WCRER does not receive sales data on individual transactions (only aggregated statistics), the median is determined by the proportion of sales in a given range of prices required to reach the midway point in the distribution. While average prices are not reported, they tend to be 15-20 percent above the median.

Movements in sales prices should not be interpreted as appreciation rates. Prices are influenced by changes in cost and changes in the characteristics of homes actually sold. The table on prices by number of bedrooms provides a better measure of appreciation of types of homes than the overall median, but it is still subject to composition issues (such as square footage of home, quality of finishes and size of lot, among others).

There is a degree of seasonal variation in reported selling prices. Prices tend to hit a seasonal peak in summer, then decline through the winter before turning upward again, but home sales prices are not seasonally adjusted. Users are encouraged to limit price comparisons to the same time period in previous years.

Housing Index in China decreased by 3.50 percent in May from -4 percent in April of 2025. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufactured Homes and Mobile Homes Sales Market Outlook

The global manufactured homes and mobile homes sales market size was valued at approximately $27.5 billion in 2023 and is projected to reach around $42.8 billion by 2032, registering a CAGR of 5.1% during the forecast period. The growth in this market is primarily driven by increasing demand for affordable housing solutions, advancements in manufacturing technologies, and the rising trend of downsizing and minimalistic living among the population.

One significant growth factor for the manufactured homes and mobile homes sales market is the affordability compared to traditional housing. With real estate prices soaring in urban areas, many individuals and families are turning to manufactured and mobile homes as a cost-effective housing option. These homes provide the necessary amenities at a fraction of the cost of conventional homes, thereby attracting a large segment of budget-conscious buyers. Additionally, the financial benefits extend beyond the initial purchase, with lower maintenance costs and property taxes, which further appeal to cost-savvy consumers.

Another growth driver is the advancement in construction and manufacturing technologies. Modern manufactured and mobile homes are designed using state-of-the-art building methods and materials that enhance durability, energy efficiency, and overall living comfort. These technological innovations have significantly improved the quality perception of manufactured homes, making them a viable alternative to traditional housing. The incorporation of smart home technologies and sustainable building practices also aligns with the growing consumer preference for eco-friendly and connected living environments.

Moreover, the changing demographics and lifestyle preferences are contributing to the market growth. The increasing trend of minimalistic and mobile living among millennials and retirees is fostering the demand for manufactured and mobile homes. This segment of the population values flexibility, mobility, and low-maintenance living, all of which are offered by manufactured homes. The adaptability of these homes to various locations and the ease of relocation also cater to the needs of a more transient and adventurous lifestyle.

The market for Prefabricated Home Sales is witnessing a notable surge as consumers increasingly seek out efficient and sustainable housing solutions. Prefabricated homes, often synonymous with manufactured and mobile homes, offer a streamlined construction process that reduces waste and minimizes environmental impact. This method of construction not only supports eco-friendly initiatives but also significantly cuts down on building time, allowing homeowners to move into their new residences more quickly. As the demand for sustainable living grows, prefabricated homes are becoming a popular choice among environmentally conscious buyers who value both efficiency and quality in their housing options.

From a regional perspective, North America holds a significant share of the market due to the high acceptance and established infrastructure for manufactured and mobile homes. The United States, in particular, has a long history and a substantial market for these types of dwellings, supported by favorable regulations and financing options. The Asia Pacific region is also expected to witness substantial growth, driven by rapid urbanization, population growth, and increasing disposable incomes in countries like China and India. These regions are recognizing the potential of manufactured homes as a solution to their housing shortages and urban sprawl issues.

Product Type Analysis

The product type segment of the manufactured homes and mobile homes sales market is categorized into Single-Wide Homes, Double-Wide Homes, and Triple-Wide Homes. Single-Wide Homes are the most economical and compact option, typically featuring a narrow floor plan that can be easily transported. This segment is particularly popular among first-time buyers and individuals looking for a minimalistic lifestyle. Single-Wide Homes often appeal to young professionals and small families due to their affordability and efficient use of space.

Double-Wide Homes offer more living space and are designed to be assembled on-site from two sections. This type o

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 New One Family Houses Sold: United States (HSN1F) from Jan 1963 to May 2025 about 1-unit structures, headline figure, family, new, sales, housing, and USA.

Graph and download economic data for Median Sales Price of Existing Homes (HOSMEDUSM052N) from May 2024 to May 2025 about sales, median, housing, and USA.

New Home Sales in Australia increased to 4583 Units in May from 4287 Units in April of 2025. This dataset provides the latest reported value for - Australia New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• US house prices grew 5.2% YoY in Dec 2024, following an increase of 5.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Dec 2024, with an average growth rate of 5.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

The U.S. housing market continues to evolve, with the median home price forecast to reach ******* U.S. dollars by the second quarter of 2026. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices, but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with more modest price increases of *** percent in 2022 and *** percent in 2023. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in the fourth quarter of 2023, with Rhode Island and Vermont leading the pack at over ** percent appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.