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 houses for sale to houses sold. This statistic provides an indication of the size of the for-sale inventory in relation to the number of houses currently being sold. The months' supply indicates how long the current 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 Houses in the United States [MSACSR],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/MSACSR,
March 7, 2021.