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

Between 1968 and 2023, there had been over *********** housing unit completions more than new households formed in the United States. That means that throughout that period the number of homes and apartments completed increased at a faster pace than the number of households, indicating no deficit. However, if only completions of single-family homes were considered, there was a housing deficit. From 1969 to 2023, there were roughly ********** less single-family homes completed than new households were formed. Those figures do not include the number of housing units demolished, and therefore do not reflect the exact housing shortage, as some of those homes completed might not exist anymore due to demolitions or natural disasters.

View monthly updates and historical trends for US Existing Home Months' Supply. from United States. Source: National Association of Realtors. Track econom…

Total Housing Inventory in the United States decreased to 1520 Thousands in October from 1530 Thousands in September of 2025. This dataset includes a chart with historical data for the United States Total Housing Inventory.

Graph and download economic data for Existing Home Sales: Months Supply (HOSSUPUSM673N) from Oct 2024 to Oct 2025 about supplies, sales, housing, and USA.

Graph and download economic data for Housing Inventory: Active Listing Count in the United States (ACTLISCOUUS) from Jul 2016 to Oct 2025 about active listing, listing, and USA.

United States - Existing Home Sales: Months Supply was 4.60000 Months' Supply in September of 2025, according to the United States Federal Reserve. Historically, United States - Existing Home Sales: Months Supply reached a record high of 5.70000 in July of 2014 and a record low of 1.60000 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Existing Home Sales: Months Supply - last updated from the United States Federal Reserve on December of 2025.

The primary reasons for purchasing a home in the United States in 2024 varied among home buyers. Approximately one in four homebuyers bought a home because they desired to have their own home. Having one's own home was mainly considered by millennial buyers during their home buying process.

The number of home sales in the United States peaked in 2021 at almost ************* after steadily rising since 2018. Nevertheless, the market contracted in the following year, with transaction volumes falling to ***********. Home sales remained muted in 2024, with a mild increase expected in 2025 and 2026. A major factor driving this trend is the unprecedented increase in mortgage interest rates due to high inflation. How have U.S. home prices developed over time? The average sales price of new homes has also been rising since 2011. Buyer confidence seems to have recovered after the property crash, which has increased demand for homes and also the prices sellers are demanding for homes. At the same time, the affordability of U.S. homes has decreased. Both the number of existing and newly built homes sold has declined since the housing market boom during the coronavirus pandemic. Challenges in housing supply The number of housing units in the U.S. rose steadily between 1975 and 2005 but has remained fairly stable since then. Construction increased notably in the 1990s and early 2000s, with the number of construction starts steadily rising, before plummeting amid the infamous housing market crash. Housing starts slowly started to pick up in 2011, mirroring the economic recovery. In 2022, the supply of newly built homes plummeted again, as supply chain challenges following the COVID-19 pandemic and tariffs on essential construction materials such as steel and lumber led to prices soaring.

View monthly updates and historical trends for US Months Supply of New Single Family Houses. from United States. Source: Census Bureau. Track economic dat…

United States Existing Home Sales: Months Supply data was reported at 4.400 Month in Sep 2018. This records an increase from the previous number of 4.300 Month for Aug 2018. United States Existing Home Sales: Months Supply data is updated monthly, averaging 4.900 Month from Jan 1999 (Median) to Sep 2018, with 237 observations. The data reached an all-time high of 12.400 Month in Jul 2010 and a record low of 3.200 Month in Dec 2017. United States Existing Home Sales: Months Supply data remains active status in CEIC and is reported by National Association of Realtors. The data is categorized under Global Database’s USA – Table US.EB005: Existing Home Sales.

Graph and download economic data for Existing Single-Family Home Sales: Months Supply (HSFSUPUSM673N) from Sep 2024 to Sep 2025 about supplies, 1-unit structures, family, sales, housing, and USA.

View monthly updates and historical trends for US Existing Single-Family Home Months' Supply. from United States. Source: National Association of Realtors…

These dataset contains supply-demand factors that influence US home prices from past 20 years. This data are categorized into two datasets: Supply and Demand. 

Supply File

Demand File

Brief

The dataset contains key factors that could influence Residential home prices in the last 20 years in the United States. This factor falls into two categories i.e. Supply & Demand

The S&P Case-Shiller Housing Price Index(HPI) is taken as the y variable, or dependent variable, as an indicator of change in prices.

Supply_dataset(Monthly_data)

• Building Permits(Permit Number)-Number of building permits allotted
• Construction Spending (Million $)-The amount spent (in millions of USD) is a measure of the activity in the construction industry.
• Housing Starts(New Housing Project)-This is a measure of the number of units of new housing projects started in a given period.
• Homes Sold(units)-House for sale is a basic measure of supply.

Demand_dataset(Quaterly_data)

• Mortgage Rates(%)
• USA GDP(Billions$ )-Quarterly Real GDP (adjusted for inflation)
• Unemployment(%)
• Delinquency Rate(%) on Mortgages(Foreclosure on the mortgage)-an indicator of the number of foreclosures in real estate.

Inspiration

Building a Data Science model to find the factors which influenced the home prices the most in the last 20 years.

Summary

https://docs.google.com/presentation/d/1SFQg-cwu2JRr-85uvU1jYY4KDtTjqKuG/edit#slide=id.p3

The United States home construction market, valued at approximately $700 billion in 2025, is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 3% through 2033. This expansion is fueled by several key factors. Firstly, a persistent housing shortage, particularly in desirable urban areas like New York City, Los Angeles, and San Francisco, continues to drive demand. Secondly, favorable demographic trends, including millennial household formation and an increasing preference for homeownership, are bolstering the sector. Furthermore, low interest rates (though this is subject to change depending on economic conditions) have historically made mortgages more accessible, stimulating construction activity. However, the market isn't without its challenges. Rising material costs, labor shortages, and supply chain disruptions continue to exert upward pressure on construction prices, potentially impacting affordability and slowing growth in certain segments. The market is segmented by dwelling type (apartments & condominiums, villas, other), construction type (new construction, renovation), and geographic location, with significant activity concentrated in major metropolitan areas. The dominance of large national builders like D.R. Horton, Lennar Corp, and PulteGroup highlights the industry's consolidation trend, while the growth of multi-family construction reflects shifting urban preferences. Looking ahead, the market's trajectory will depend on macroeconomic factors, interest rate fluctuations, government policies impacting housing affordability, and the ability of the industry to address supply-chain and labor challenges. Innovation in construction technologies, sustainable building practices, and prefabricated homes are also emerging trends expected to significantly influence market dynamics over the forecast period. The competitive landscape is characterized by a mix of large publicly traded companies and smaller regional builders. While established players dominate the market share, opportunities exist for smaller firms specializing in niche markets, such as sustainable or luxury home construction, or those focused on specific geographic areas. The ongoing expansion of the market signifies significant potential for investment and growth, despite the hurdles currently impacting the sector. Addressing supply chain disruptions and labor shortages will be crucial for sustained growth. Continued demand in key urban centers and evolving consumer preferences toward specific dwelling types will be critical factors determining the market's future trajectory. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Notable trends are: High-interest Rates are Negatively Impacting the Market.

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

Monthly Supply of New Houses in the United States was 7.40000 Months' Supply in August of 2025, according to the United States Federal Reserve. Historically, Monthly Supply of New Houses in the United States reached a record high of 12.20000 in January of 2009 and a record low of 3.30000 in October of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for Monthly Supply of New Houses in the United States - last updated from the United States Federal Reserve on December of 2025.

Data for key supply-demand factors that influence US home prices nationally. Data science model that explains how these factors impacted home prices over the last 20 years. Use the S&P Case-Schiller Home Price Index as a proxy for home prices

Graph and download economic data for Housing Inventory Estimate: Total Housing Units in the United States (ETOTALUSQ176N) from Q2 2000 to Q2 2025 about inventories, housing, and USA.