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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.
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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.
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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.
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Graph and download economic data for Existing Home Sales (EXHOSLUSM495S) from Jun 2024 to Jun 2025 about headline figure, sales, housing, and USA.
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Graph and download economic data for Existing Home Sales: Housing Inventory (HOSINVUSM495N) from May 2024 to May 2025 about inventories, sales, 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.
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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.
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New Home Sales in Turkey decreased to 33569 Units in June from 39546 Units in May of 2025. This dataset provides - Turkey 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.
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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.
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New Home Sales in China increased to 38849 CNY Hundred Million in June from 30119 CNY Hundred Million in May of 2025. This dataset provides - China Sales Value of Commercial Residential Buildings- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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.
In October 2024, the median sales price of residential properties in New York City reached approximately 735,000 U.S. dollars, down from almost 794,000 U.S. dollars in July 2024. This was significantly higher than the national average for existing single-family homes.
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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.
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Graph and download economic data for Housing Inventory: Median Days on Market in the United States (MEDDAYONMARUS) from Jul 2016 to Jun 2025 about median and USA.
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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.
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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.
Between the period from January 2020 and June 2024, second-hand house sales were consistently higher than first-hand sales in Turkey. In June 2024, over ****** new houses were sold, whereas the number of second-hand houses sold in the country amounted to nearly ******.
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Graph and download economic data for Housing Inventory: Active Listing Count in the United States (ACTLISCOUUS) from Jul 2016 to Jun 2025 about active listing, listing, and USA.
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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.