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United States New Home Sales Month-over-Month (MoM)

Price

6.4 %
Change +/-
+4.9 %
Percentage Change
+124.05 %

The current value of the New Home Sales Month-over-Month (MoM) in United States is 6.4 %. The New Home Sales Month-over-Month (MoM) in United States increased to 6.4 % on 3/1/2024, after it was 1.5 % on 1/1/2024. From 2/1/1963 to 5/1/2024, the average GDP in United States was 0.29 %. The all-time high was reached on 4/1/1963 with 31.2 %, while the lowest value was recorded on 5/1/2010 with -33.6 %.

Source: U.S. Census Bureau

New Home Sales Month-over-Month (MoM)

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

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New Home Sales MoM

New Home Sales Month-over-Month (MoM) History

DateValue
3/1/20246.4 %
1/1/20241.5 %
12/1/20237 %
9/1/20236.4 %
7/1/20235.1 %
5/1/20237.9 %
4/1/20236.7 %
3/1/20233 %
1/1/20231.1 %
12/1/20226 %
1
2
3
4
5
...
36

Similar Macro Indicators to New Home Sales Month-over-Month (MoM)

NameCurrentPreviousFrequency
🇺🇸
15-Year Mortgage Rate
5.84 %5.96 %frequency_weekly
🇺🇸
30-Year Mortgage Rate
6.86 %6.87 %frequency_weekly
🇺🇸
Average House Prices
545,800 USD501,000 USDMonthly
🇺🇸
Average Mortgage Size
405,490 USD405,400 USDfrequency_weekly
🇺🇸
Building Permits
1.419 M 1.425 M Monthly
🇺🇸
Building Permits MoM
-0.4 %-3.1 %Monthly
🇺🇸
Case-Shiller Home Price Index
333.21 points329.95 pointsMonthly
🇺🇸
Case-Shiller Home Price Index MoM
1.4 %1.6 %Monthly
🇺🇸
Case-Shiller Home Price Index YoY
7.2 %7.5 %Monthly
🇺🇸
Construction Spending
-0.1 %0.3 %Monthly
🇺🇸
Existing Home Sales
3.96 M 3.83 M Monthly
🇺🇸
Existing Home Sales MoM
3.4 %-1.3 %Monthly
🇺🇸
Home Price Index MoM
0 %0.3 %Monthly
🇺🇸
Homeownership Rate
65.6 %65.6 %Quarter
🇺🇸
Housing Index
424.3 points423.3 pointsMonthly
🇺🇸
Housing Price Index YoY
6.3 %6.7 %Monthly
🇺🇸
Housing starts
1.311 M units1.353 M unitsMonthly
🇺🇸
Housing Starts MoM
-3.1 %-1.9 %Monthly
🇺🇸
MBA Mortgage Market Index
212 points210.4 pointsfrequency_weekly
🇺🇸
MBA Mortgage Refinancing Index
552.4 points552.7 pointsfrequency_weekly
🇺🇸
MBA Purchase Index
154.9 points161.5 pointsfrequency_weekly
🇺🇸
Mortgage applications
0.8 %0.9 %frequency_weekly
🇺🇸
Mortgage Interest Rate
6.93 %6.94 %frequency_weekly
🇺🇸
Mortgage Originations
448.31 B USD374.11 B USDQuarter
🇺🇸
Multi-family Housing Starts
278,000 units310,000 unitsMonthly
🇺🇸
NAHB Housing Market Index
42 points43 pointsMonthly
🇺🇸
National House Price Index
323.352 points322.277 pointsMonthly
🇺🇸
New Home Sales
619,000 units698,000 unitsMonthly
🇺🇸
Pending Home Sales
-6.6 %-7.4 %Monthly
🇺🇸
Pending Home Sales MoM
-2.1 %-7.7 %Monthly
🇺🇸
Price-Rent Ratio
133.627 134.247 Quarter
🇺🇸
Residential property prices
4.67 %5.27 %Quarter
🇺🇸
Single-family home prices
407,200 USD406,700 USDMonthly
🇺🇸
Single-Family Home Starts
982,000 units1.036 M unitsMonthly
🇺🇸
Total Housing stock
1.37 M 1.36 M Monthly

New home sales occur upon the signing of a sales contract or the acceptance of a deposit. These homes can be at any stage of construction: not yet started, under construction, or already completed. New home sales represent approximately 10 percent of the US housing market. Monthly sales of new single-family homes are highly volatile, and preliminary figures are often subject to substantial revisions as they are primarily derived from building permit data.

What is New Home Sales Month-over-Month (MoM)?

New Home Sales MoM, or Month-over-Month New Home Sales, is a critical indicator in the realm of macroeconomics, reflecting the health and trajectory of the housing market. At Eulerpool, we take immense pride in offering comprehensive data insights and analytics, and understanding New Home Sales MoM is indispensable for professionals seeking to decode economic trends. At its core, New Home Sales MoM measures the percentage change in the number of newly constructed homes that were sold in a given month compared to the previous month. This metric is vital for a myriad of stakeholders, including policymakers, investors, builders, and economists, who rely on such data to make informed decisions. For instance, a rise in New Home Sales MoM typically signals stronger consumer confidence and a robust economy, while a decline may indicate economic stagnation or downturns. One of the significant facets of New Home Sales MoM data is its timeliness. Unlike some macroeconomic indicators that may lag by several months, new home sales figures are generally released promptly, offering an almost real-time glimpse into the housing sector’s performance. This timeliness is crucial for stakeholders needing current data to guide their strategies and decisions. As part of our offerings at Eulerpool, we ensure that our users have access to the latest and most accurate New Home Sales MoM data, empowering them to act swiftly and effectively. Analyzing New Home Sales MoM can also provide deeper insights into broader economic conditions. For example, an upward trend in new home sales may suggest that consumers are more confident about their financial futures and are willing to invest in long-term commitments like homeownership. Conversely, a downward trend may hint at underlying economic fears or tightening financial conditions, such as rising interest rates or increasing unemployment. Thus, by tracking the New Home Sales MoM figures on Eulerpool, professionals can gauge economic sentiment and anticipate potential market shifts. Furthermore, New Home Sales MoM is closely linked to several other economic indicators. For example, a strong MoM increase often correlates with favorable mortgage rates and readily available credit. It can also be tied to employment rates and income growth, as individuals with stable jobs and rising incomes are more likely to invest in new homes. By examining these interconnections, professionals using Eulerpool can develop a more nuanced understanding of the housing market and its relationship to the broader economy. Engaging with New Home Sales MoM data also involves considering seasonal adjustments. While raw data can provide valuable insights, it’s essential to account for seasonal patterns that may influence sales volumes. For instance, home sales typically increase during the spring and summer months, reflecting the traditional buying season. At Eulerpool, we offer both raw and seasonally-adjusted data to provide a more accurate representation of underlying trends, eliminating the noise of seasonal fluctuations and offering clearer insights into the real state of the market. Investors, in particular, find New Home Sales MoM data invaluable. A rising trend can signal lucrative opportunities in the real estate market, prompting investments in homebuilding companies, real estate investment trusts (REITs), and related industries such as construction materials and home furnishings. Conversely, a declining trend can serve as a warning sign, suggesting a more cautious approach to real estate investments might be warranted. Through Eulerpool, investors can access detailed New Home Sales MoM data, enabling them to make strategic decisions that align with current market conditions. Builders and developers also closely monitor New Home Sales MoM metrics. For them, understanding monthly fluctuations in sales can influence everything from project planning and development timelines to marketing strategies and pricing models. A surge in sales may indicate strong demand, encouraging builders to ramp up construction projects. On the other hand, a downturn may prompt a reevaluation of project scopes and investment strategies. At Eulerpool, we provide builders and developers with the data they need to navigate these dynamics effectively, supporting informed decision-making and strategic planning. Policymakers, too, rely on New Home Sales MoM data as an essential component of economic policy formulation. Housing is a significant component of economic health, influencing and reflecting broader economic conditions. By tracking monthly changes in new home sales, policymakers can gauge the effectiveness of current policies, such as interest rate adjustments or fiscal stimulus measures, and make necessary adjustments to foster economic stability and growth. Our platform at Eulerpool supports policymakers by providing reliable, timely data that can underpin sound economic policy decisions. Economists use New Home Sales MoM as a barometer for predicting future economic conditions. A sustained increase in new home sales can indicate a growing economy and can often precede broader economic expansion. Conversely, a decrease can foreshadow economic challenges ahead. By incorporating this data into their analytical frameworks, economists can offer more precise forecasts and advice. With Eulerpool’s extensive data resources, economists are equipped with the tools they need to conduct thorough analyses and deliver impactful insights. In conclusion, the New Home Sales MoM indicator is a crucial component of macroeconomic analysis, offering valuable insights into the housing market and the broader economy. At Eulerpool, we are dedicated to providing high-quality, timely data to support the needs of our diverse users, from investors and builders to policymakers and economists. By keeping a close eye on New Home Sales MoM figures, professionals can make more informed decisions, anticipate market trends, and devise strategies that align with current economic conditions. Trust Eulerpool to be your reliable partner in navigating the complexities of the macroeconomic landscape, one data point at a time.