The coronavirus pandemic led to a marked increase in how many new construction homes made up single-family housing available for sale in the U.S. By early 2021, this was estimated to be between ** and ** percent - a significantly higher figure than before the pandemic. Likely this is caused by less Americans putting their homes up for sale during this economically uncertain period of time, as well as a general increase in U.S. homebuilding in the months after the first COVID-19 lockdowns.

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.

In 2021, close to ten percent of the ***** million homes in the United States were from the first decade of the 21st century. Between 2000 and 2009, approximately **** million homes were constructed.

New Home Sales in the United States increased to 627 Thousand units in June from 623 Thousand units in May 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.

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

United States - New Houses for Sale by Stage of Construction, Completed was 118.00000 Thous. of Units in January of 2024, according to the United States Federal Reserve. Historically, United States - New Houses for Sale by Stage of Construction, Completed reached a record high of 198.00000 in January of 2007 and a record low of 36.00000 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - New Houses for Sale by Stage of Construction, Completed - last updated from the United States Federal Reserve on July of 2025.

The average price per square foot of floor space in new single-family houses in South, United States increased from 2000 to 2021. In 2021, the average price for a new single-family house in that region was approximately 130 U.S. dollars per square foot of floor space.

Out of a total of 7.8 million housing units in New York City, approximately 3.6 million units were single family detached homes and 350 unites were single family attached homes in 2021. Unlike single family homes which were mostly owner occupied, housing in multifamily buildings was predominantly renter occupied. In buildings with 50 or more housing units, one million out of 1.3 million units were rented.

The latest Construction Status Report outlines the ongoing delivery of social housing across the country. It shows that 9,746 social homes are currently onsite with an additional 9,559 homes in the pipeline. In quarter 3 2021, 105 new construction schemes, (1,780 homes) were added to the pipeline.

The series Output price index of new homes, 2015=100, shows the development of the construction costs of new homes. This series is based on all categories of new homes. The construction costs referred to include the general costs and 'profit and risk' of the contractor, but exclude the land costs and costs of the project developer or broker. The basic material for this statistic is derived from data reported by municipalities to Statistics Netherlands (CBS) from building permits for new dwellings that they have issued.

Data available from: 1st quarter 2012

Status of figures: The figures remain for four quarters for the time being. They will then be definitively determined.

Changes as of 29 March 2024: Figures for Q4 2022 have been definitively established. In addition, the figures for the 4th quarter and the year 2023 have been added.

The index series in this table have 2015 as reference year (2015=100). In order to make the results of the index series more in line with current events, a so-called basic shift is implemented once every five years. Due to the implementation of FRIBS (Framework Regulation Integrating Business Statistics) in 2021, this time the basic shift will be postponed by one year to 2021=100. The subsequent base shift will take place again in a usual year, namely 2025=100. At the time of publication of the reporting period Q1 2024, such a base shift will take place and will be moved to the reference year 2021 (2021=100). The index series with reference 2021=100 will be published in new StatLine tables. This table will be discontinued and will no longer be updated. This table will remain available in the archive. The new tables 2021=100 will start with reporting period Q1 2018.

When will there be new figures? New figures for Q1 2024 will be released at the end of June 2024.

Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

The latest Construction Status Report shows that 8,749 social homes are currently onsite with an additional 10,455 homes in the pipeline. In quarter 4 2021, 120 new construction schemes, (2,050 homes) were added to the pipeline.

This table contains figures on the development of construction costs for all categories of new homes. The intended construction costs include the general costs and 'profit and risk' of the contractor, but exclude the land costs and costs of the project developer or real estate agent. The basic material for this statistic is derived from data reported by municipalities to Statistics Netherlands, originating from building permits issued by them for new homes.

Data available from: 1st quarter 2018

Status of the figures: The figures remain preliminary for four quarters before they become definite.

Changes as of June 30th 2025: The figures of the 1st quarter of 2024 are modified into definitive figures. Furthermore the figures of the 1st quarter and the year of 2025 are added.

When will new figures become available? New figures for the second quarter of 2025 will be released at the end of September 2025.

The latest Construction Status Report outlines the ongoing delivery of social housing across the country. It shows that 8,755 social homes are currently onsite with an additional 9,128 homes in the pipeline. In quarter 2 2021, 137 new construction schemes, (1,883 homes) were added to the pipeline. 2021 Q2 CSR: https://www.gov.ie/en/publication/d7709-social-housing-construction-projects-status-report-q2-2021/

New Houses Sold: South: Under USD 300000 data was reported at 25.000 Unit th in Mar 2025. This records an increase from the previous number of 21.000 Unit th for Dec 2024. New Houses Sold: South: Under USD 300000 data is updated quarterly, averaging 22.000 Unit th from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 63.000 Unit th in Mar 2021 and a record low of 13.000 Unit th in Sep 2022. New Houses Sold: South: Under USD 300000 data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.EB: New Houses Sold: by Region and Price.

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.

United States New Houses Sold: Northeast: USD 300000 to 399999 data was reported at 1.000 Unit th in Mar 2025. This stayed constant from the previous number of 1.000 Unit th for Dec 2024. United States New Houses Sold: Northeast: USD 300000 to 399999 data is updated quarterly, averaging 1.000 Unit th from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 2.000 Unit th in Mar 2023 and a record low of 0.000 Unit th in Jun 2024. United States New Houses Sold: Northeast: USD 300000 to 399999 data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.EB: New Houses Sold: by Region and Price.

The latest Construction Status Report outlines the ongoing delivery of social housing across the country. It shows that 9,746 social homes are currently onsite with an additional 9,559 homes in the pipeline. In quarter 3 2021, 105 new construction schemes, (1,780 homes) were added to the pipeline.

United States New Houses Sold: South: USD 400000 to 499999 data was reported at 19.000 Unit th in Mar 2025. This records an increase from the previous number of 17.000 Unit th for Dec 2024. United States New Houses Sold: South: USD 400000 to 499999 data is updated quarterly, averaging 19.000 Unit th from Mar 2021 (Median) to Mar 2025, with 17 observations. The data reached an all-time high of 21.000 Unit th in Jun 2024 and a record low of 15.000 Unit th in Jun 2021. United States New Houses Sold: South: USD 400000 to 499999 data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.EB: New Houses Sold: by Region and Price.

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.