New Home Sales in the United States increased to 800 Thousand units in August from 664 Thousand units in July 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 New One Family Houses Sold: United States (HSN1F) from Jan 1963 to Aug 2025 about 1-unit structures, headline figure, family, new, sales, housing, and USA.

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 4100 Thousand in October from 4050 Thousand in September 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.

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.

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.

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.

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.

Graph and download economic data for New Houses Sold by Sales Price in the United States, Between $300,000 and $399,999 (NHSUSSP30T39) from Jan 2020 to Aug 2025 about new, sales, housing, and USA.

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.

View monthly updates and historical trends for US Median Sales Price for New Houses Sold. from United States. Source: Census Bureau. Track economic data w…

View monthly updates and historical trends for US New Single Family Houses Sold. from United States. Source: Census Bureau. Track economic data with YChar…

Graph and download economic data for New Houses Sold by Stage of Construction, Not Started (NHSDPNS) from Jan 1963 to Aug 2025 about construction, new, sales, housing, and USA.

description: This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD).; abstract: This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction (SOC), which is partially funded by the Department of Housing and Urban Development (HUD).

View monthly updates and historical trends for US New Houses Sold: Not Started. from United States. Source: Census Bureau. Track economic data with YChart…

United States New Houses Sold: By Sales Price: South: Under USD 150000 data was reported at 5.000 Unit th in Jun 2018. This records an increase from the previous number of 4.000 Unit th for Mar 2018. United States New Houses Sold: By Sales Price: South: Under USD 150000 data is updated quarterly, averaging 11.000 Unit th from Mar 2002 (Median) to Jun 2018, with 66 observations. The data reached an all-time high of 56.000 Unit th in Jun 2003 and a record low of 3.000 Unit th in Dec 2017. United States New Houses Sold: By Sales Price: South: Under USD 150000 data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.EB003: New Houses Sold: By Region and Price.

Graph and download economic data for New Houses Sold by Sales Price in the United States, Total (NHSUSSPTQP) from Q1 2020 to Q2 2025 about new, sales, housing, price, and USA.

United States - New Houses Sold by Sales Price Between $200,000 and $299,999 in the Northeast Census Region was 3.50000 Thous. of Units in April of 2025, according to the United States Federal Reserve. Historically, United States - New Houses Sold by Sales Price Between $200,000 and $299,999 in the Northeast Census Region reached a record high of 28.50000 in April of 2021 and a record low of -15.10000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - New Houses Sold by Sales Price Between $200,000 and $299,999 in the Northeast Census Region - last updated from the United States Federal Reserve on November of 2025.

New Houses Sold by Sales Price Total in the Northeast Census Region was 34.00000 Thous. of Units in January of 2024, according to the United States Federal Reserve. Historically, New Houses Sold by Sales Price Total in the Northeast Census Region reached a record high of 83.00000 in January of 2004 and a record low of 21.00000 in January of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for New Houses Sold by Sales Price Total in the Northeast Census Region - last updated from the United States Federal Reserve on November of 2025.

New Houses Sold by Sales Price in the United States, Total was 100.00% in August of 2025, according to the United States Federal Reserve. Historically, New Houses Sold by Sales Price in the United States, Total reached a record high of 100.00 in February of 2002 and a record low of 100.00 in February of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for New Houses Sold by Sales Price in the United States, Total - last updated from the United States Federal Reserve on October of 2025.