Federal Reserve Economic Data: Your trusted data source since 1991

Monthly Supply of New Houses in the United States (MSACSR)

Observation:

Jan 2024: 8.3 (+ more)   Updated: Feb 26, 2024
Jan 2024:  8.3  
Dec 2023:  8.3  
Nov 2023:  8.9  
Oct 2023:  7.9  
Sep 2023:  7.5  
View All

Units:

Months' Supply,
Seasonally Adjusted

Frequency:

Monthly

NOTES

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

Notes:

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.

Suggested Citation:

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, February 28, 2024.


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