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


New Home Sales544526533536540590Thousand
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 HousingLastQ1/16Q2/16Q3/16Q4/162020
Building Permits123212451249125412591310
Housing Starts114911651173118211921288
New Home Sales544526533536540590
Pending Home Sales2.71.991.71.541.451.33
Existing Home Sales546055465402539653785115
Construction Spending-
Housing Index0.50.480.440.430.420.31
Nahb Housing Market Index6059.2758.9758.4858.0153.23
Mortgage Rate4.
Mortgage Applications8.80.980.480.480.480.48
Home Ownership Rate63.763.763.763.763.763.7
Case Shiller Home Price Index183183182181180160



read more…

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.