Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis.
Categories > Production & Business Activity > Housing > New Residential Sales
Observation:
May 2022: 7.0 (+ more)May 2022: | 7.0 | |
Apr 2022: | 7.6 | |
Mar 2022: | 5.9 | |
Feb 2022: | 5.5 | |
Jan 2022: | 5.6 | |
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Units:
Months' Supply,Frequency:
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Source: U.S. Census Bureau
Source: U.S. Department of Housing and Urban Development
Release: New Residential Sales
Units: Months' Supply, Not 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 [MSACSRNSA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MSACSRNSA, July 5, 2022.
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