The number of new houses sold in the United States took a big hit during the financial crisis, dropping from a high of around 1.3 million houses sold in 2005 to a low of 306 thousand homes sold in 2011 – around a 76 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 822,000. House prices on the rise Unsurprisingly, the median sales price of new homes continues to rise. In fact, many Americans found that they were more interested in buying a home as a result of the pandemic. What types of homes are Americans buying? Undoubtedly, detached single-family houses constitute the majority of home purchases in the U.S. Approximately 88 percent of older Millennials who bought a home in 2022 shared that they bought a detached single-family house. Regardless of the age group, the most popular location to purchase a home is in the suburbs or in a subdivision.

New Home Sales in Turkey increased to 33784 Units in February from 32785 Units in January of 2025. This dataset provides - Turkey New Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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

Graph and download economic data for New One Family Houses Sold: United States (HSN1FNSA) from Jan 1963 to Feb 2025 about new, sales, housing, and USA.

New Home Sales in Singapore increased to 1575 Units in February from 1083 Units in January of 2025. This dataset provides - Singapore New Home Sales- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of new homes sold increased in 2023, after falling in 2022. Considering that the vast majority of purchases were financed through a conventional mortgage, it is of no surprise that the rising mortgage interest rates are one of the main factors for transactions slowing. In fact, more buyers were willing to buy cash in 2023 than in 2021. How has the increase in sales activity influenced house prices? When demand outweighs supply, prices tend to increase. In the United States, the recent spike in house sales has contributed to average house prices growing at a higher pace than in recent years. Furthermore, the rising house price-to-income ratio indicates that homes are becoming less affordable. Has the coronavirus (COVID-19) pandemic affected Americans’ homeownership plans? Overall, the coronavirus (COVID-19) pandemic has positively influenced the homeownership plans of people in the U.S. According to a survey conducted among American adults, 28 percent of Millennials were more interested in buying a home due to the coronavirus pandemic, compared to 13 percent who were less interested.

Graph and download economic data for New Houses Sold by Stage of Construction, Completed (NHSDPCS) from Jan 1999 to Feb 2025 about construction, new, sales, housing, and USA.

Housing Starts in the United States increased to 1501 Thousand units in February from 1350 Thousand units in January 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.

Graph and download economic data for Median Sales Price for New Houses Sold in the United States (MSPNHSUSA) from 1963 to 2024 about new, sales, median, housing, price, and USA.

Graph and download economic data for New Houses Sold by Sales Price in the United States, Between $600,000 and $699,999 (NHSUSSP60T69Q) from Q1 2020 to Q4 2024 about new, sales, housing, price, and USA.

The number of housing units sold in France reached its peak in 2021, followed by a decline in 2022. According to the forecast, sales volumes are expected to continue to decline by 2024. Out of the total 919 sales, about 780 are expected to be existing homes in 2024.

Idaho and North Caroline were in 2023 the U.S. states with the highest volume of new residential construction, with over nine units authorized per 1,000 residents. On average, that year in the U.S. there were 4.51 homes authorized per 1,000 residents. The most populous states in the U.S. tend to have the highest demand for housing.

United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data was reported at 6.000 Unit th in Jun 2018. This records a decrease from the previous number of 7.000 Unit th for May 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data is updated monthly, averaging 4.000 Unit th from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 11.000 Unit th in Mar 2018 and a record low of 1.000 Unit th in Nov 2011. United States New 1 Family Houses Sold: By Sales Prices: USD 400000 to 499999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

Telluride, CO, was the most expensive market for luxury single-family home market in the United States in 2024. In February that year, the median sales price of a single-family home in Telluride was 6.3 million U.S. dollars. Park City, UT, Paradise Valley, AZ, and the Los Angeles Beach Cities, CA, were other locations that fetched prices over 4.3 million U.S. dollars.

The two metropolitan areas with the highest value of new residential construction in 2023 were in Texas. Those two areas, Dallas-Fort Worth-Arlington and Houston-The Woodlands-Sugar Land, were the only ones in the United States where new homes built were worth over 15 billion U.S. dollars. Those figures were significantly higher than the following entries in the list, the areas around Phoenix (Arizona) and in New York, where home construction amounted to over ten billion U.S. dollars.

United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data was reported at 7.000 Unit th in Jun 2018. This records a decrease from the previous number of 9.000 Unit th for May 2018. United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data is updated monthly, averaging 8.000 Unit th from Jan 2002 (Median) to Jun 2018, with 198 observations. The data reached an all-time high of 27.000 Unit th in Aug 2003 and a record low of 3.000 Unit th in Jan 2011. United States New 1 Family Houses Sold: By Sales Prices: USD 150000 to 199999 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB001: New One Family House Unit: Sold and For Sale.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

Graph and download economic data for New Houses Sold by Sales Price Between $600,000 and $799,999 in the Northeast Census Region (NHSNESP60T79Q) from Q1 2020 to Q4 2024 about Northeast Census Region, new, sales, housing, price, and USA.

United States New Listings: Existing: Multi Family (2-4 Unit) data was reported at 11.492 Unit th in Mar 2023. This records an increase from the previous number of 9.650 Unit th for Feb 2023. United States New Listings: Existing: Multi Family (2-4 Unit) data is updated monthly, averaging 14.097 Unit th from Jan 2012 (Median) to Mar 2023, with 135 observations. The data reached an all-time high of 21.333 Unit th in Jun 2021 and a record low of 6.549 Unit th in Dec 2022. United States New Listings: Existing: Multi Family (2-4 Unit) data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB014: New Homes Listed for Sale: Redfin.

United States Pending Sales: sa: Condo/Co-op: New Castle, PA data was reported at 0.000 Unit in Oct 2018. This stayed constant from the previous number of 0.000 Unit for Sep 2018. United States Pending Sales: sa: Condo/Co-op: New Castle, PA data is updated monthly, averaging 0.000 Unit from Feb 2012 (Median) to Oct 2018, with 81 observations. The data reached an all-time high of 0.000 Unit in Oct 2018 and a record low of 0.000 Unit in Oct 2018. United States Pending Sales: sa: Condo/Co-op: New Castle, PA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB047: Pending Home Sales: by Metropolitan Areas: Seasonally Adjusted.