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New Home Sales

   Also found in: Wikipedia 0.01 sec.
New Home Sales
A measure of how many newly constructed homes are sold in the United States over a given period of time. They are reported monthly and seasonally-adjusted annually. The measure of new home sales month-on-month and year-on-year is an important indicator of demand for houses. As a result, it greatly impacts the construction industry and related sectors.


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US new home sales rebounded more than expected in October to their strongest pace in more than a year, government data showed Wednesday, suggesting stabilization in the ailing sector.
A Commerce Department report showed that sales of new home sales dropped a marked 3.
US new home sales fell unexpectedly in September after five consecutive monthly increases, government data showed Wednesday.
 
 
 
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