Observation:
Apr 2023: 7.6 (+ more) Updated: May 23, 2023Apr 2023: | 7.6 | |
Mar 2023: | 7.9 | |
Feb 2023: | 8.3 | |
Jan 2023: | 8.1 | |
Dec 2022: | 8.5 | |
View All |
Units:
Months' Supply,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Census Bureau
Source: U.S. Department of Housing and Urban Development
Release: New Residential Sales
Units: Months' Supply, Seasonally Adjusted
Frequency: Monthly
The months' supply is the ratio of new houses for sale to new houses sold. This statistic provides an indication of the size of the new for-sale inventory in relation to the number of new houses currently being sold. The months' supply indicates how long the current new for-sale inventory would last given the current sales rate if no additional new houses were built.
U.S. Census Bureau and U.S. Department of Housing and Urban Development, Monthly Supply of New Houses in the United States [MSACSR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MSACSR, June 3, 2023.