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Source: National Association of Realtors
Release: Existing Home Sales
Units: Months' Supply, Not Seasonally Adjusted
Frequency: Monthly
The National Association of Realtors monthly housing indicators are based on a representative sample of local boards and multiple listing services. Sales volume, inventory, and price levels for existing homes are measured for the US in aggregate and by census region. Existing homes, unlike new homes, are homes that are owned and occupied before coming onto the market.
Months' supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
For more information, see Methodology: Existing-Home Sales.
Copyright, 2016, National Association of Realtors. Reprinted with permission.
National Association of Realtors, Existing Home Sales: Months Supply [HOSSUPUSM673N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HOSSUPUSM673N, .
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, .
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