US New Home Sales at 10-Month High | Cross River Real Estate

New Home Sales in the United States is expected to be 526.44 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Home Sales in the United States to stand at 539.95 in 12 months time. In the long-term, the United States New Home Sales is projected to trend around 589.69 Thousand in 2020, according to our econometric models.

United States New Home Sales

 

Forecast Actual Q1/16 Q2/16 Q3/16 Q4/16 2020 Unit
New Home Sales 544 526 533 536 540 590 Thousand
United States New Home Sales Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of United States New Home Sales using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for – United States New Home Sales – was last predicted on Wednesday, January 27, 2016.
United States Housing Last Q1/16 Q2/16 Q3/16 Q4/16 2020
Building Permits 1232 1245 1249 1254 1259 1310
Housing Starts 1149 1165 1173 1182 1192 1288
New Home Sales 544 526 533 536 540 590
Pending Home Sales 2.7 1.99 1.7 1.54 1.45 1.33
Existing Home Sales 5460 5546 5402 5396 5378 5115
Construction Spending -0.4 0.22 0.27 0.29 0.3 0.31
Housing Index 0.5 0.48 0.44 0.43 0.42 0.31
Nahb Housing Market Index 60 59.27 58.97 58.48 58.01 53.23
Mortgage Rate 4.02 4.6 4.9 5.1 4.19 6.5
Mortgage Applications 8.8 0.98 0.48 0.48 0.48 0.48
Home Ownership Rate 63.7 63.7 63.7 63.7 63.7 63.7
Case Shiller Home Price Index 183 183 182 181 180 160

 

 

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http://www.tradingeconomics.com/united-states/new-home-sales

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